The
Ministry of Economy and Finance (MEF) highlighted that Peru is regaining its attractiveness as a destination for international investment, which will accelerate the narrowing of infrastructure gaps.
"Peru is regaining the attractiveness of investment. Such change in the attitude of investors is perceived," Economy and Finance Minister Alex Contreras said.
These remarks were made at the recent presentation of the update report on macroeconomic projections (IAPM) of the 2024-2026 Multiannual Macroeconomic Framework.
Moreover, Contreras stressed that investors are not only willing to buy more Peruvian Sol-denominated bonds but also to invest their capital in the South American country.
According to the Economy and Finance sector's head, this is a clear sign that conditions are set to continue boosting the national economy's growth.
Mining sector recovers
In the case of the mining sector, the minister referred to the Quellaveco project, which requires a total investment of over US$5 billion.
"Last year, it (the project) invested US$1 billion (in the country), while US$180 million are expected to be placed (into the market) this year. This will have an impact on the sector," he commented.
However, the government official underscored that there are other mining projects, which are at the detailed engineering phase and at other stages of development.
(END) SDD/RMB
Publicado: 8/5/2023