on Friday stressed that confidence in the current government administration is materializing in greater private investment for Peru.
"More private investment is materializing once again," he highlighted.
Five electrical transmission projects —which will benefit San Martin, Arequipa, Lambayeque, and Piura regions— were awarded today.
"This is the clearest sign that confidence in this administration is materializing through private investment, because the awarded and signed projects will start to be built and develop during the following months, which will help boost the economy and make progress on closing gaps," he indicated.
"We are talking about investment worth over US$100 million in these projects. Thus, we have already exceeded US$1.3 billion so far this year," Contreras affirmed.
"With this (amount), we are getting closer to the goal set for the (current) year; we have already broken the 5-year record, and it is a clear reflection of the materialization of confidence," he added.
The minister reiterated that investors who bet on Peru in the long term always end up winning, because it is a country with great potential.
"At the Ministry of Economy and Finance (MEF), we play a double role; one is to take care of fiscal accounts, but another is also to be promoters and drivers of economic growth," he stated.