on Thursday extended an invitation to entrepreneurs worldwide, particularly those from the Asia-Pacific region, to invest in Peru and be part of its growth and development.
"Peru opens its doors and welcomes investment capital and funds from around the world, offering foreign investors legal and economic stability, as well as clear regulations that ensure sustainable growth. (...) We invite everyone, without exception, to be part of our growth and development," Mrs. Boluarte stated.
The Head of State explained that Peru is promoting private investment by "unblocking crucial projects that will be game-changers for the nation's economy, such as Chavimochic, Chinecas, and Majes Siguas, which will enhance the country’s competitiveness."
Likewise, the top official highlighted the Chancay megaport, which, along with the Port of Callao, "will revolutionize trade and boost the economy in the Asia-Pacific region."
"Peru is full of investment opportunities in various sectors such as infrastructure, mining, and renewable energy," she stated.
Economic recovery
The President emphasized that Peru is steadily moving forward on the path to economic recovery, with a projected GDP growth of over 3% by the end of 2024. This progress is generating jobs and leveraging Peru’s strategic position on the continent.
"We maintain strong monetary and fiscal stability, with solid international reserves and one of the lowest inflation rates in Latin America, while having a presence in global markets," she added.
Mrs. Boluarte further explained that, for this reason, Peru's APEC hosting has prioritized consolidating post-pandemic economic recovery and promoting sustainable development. This involves empowering and enhancing the capacities of sectors with untapped economic potential, such as women and rural communities.
21 leading economies
APEC is made up of:
Australia, Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, the Russian Federation, Singapore, Chinese Taipei, Thailand, the United States, and Viet Nam.
Together, they account for 62% of world's GDP, 48% of global trade in goods and services, plus 38% of the planet's population.
(END) JCC/MAT/MVB