Andina

Peru: MEF aims to attract US$16 billion in private investments for 2025 and 2026

Photo: ANDINA/Melina Mejía

Photo: ANDINA/Melina Mejía

08:38 | Lima, Jan. 15.

The Ministry of Economy and Finance (MEF) has set the goal of attracting US$16 billion in private investments between 2025 and 2026.

This was announced by Deputy Economy Minister Carlos Gonzalez during an interview with Radio Nacional. On the occasion, he noted that over US$2 billion in projects have already been awarded to the private sector this year.

"We call this the 'sowing phase' because these are projects that will begin execution in 2025 and will drive economic growth," Gonzalez explained.

The official also stated that the ministry aims to repeat the record of US$8 billion in investments this year to sustain Peru's economic growth trajectory.

"It is crucial to continue fostering investor confidence, which has shown clear signs of trust in MEF's policies and actions. This confidence has led to committed investments that allow us to project private investment as the primary driver of economic growth," Gonzalez argued.

Economic growth

The Deputy Economy minister further emphasized that the MEF is working toward achieving annual economic growth rates above 5% or 6%, as these levels significantly impact the population's well-being.

"The primary driver of economic growth is investment. It not only represents greater demand in the present but also increased productive capacity and competitiveness in the future. I underscore the word 'competitiveness' because, within MEF's investment promotion strategy, we place a strong emphasis on improving competitive conditions to attract more productive investment," he concluded.

(END) GDS/SDD/JMP/MVB

Publicado: 15/1/2025