highlighted the Peruvian macroeconomic stability before Spanish investors in Madrid, as part of inPERU's XVIII Europe Roadshow 2025 activities.
The agenda brought together more than 200 Spanish authorities, executives, and investors at an event held at the Spanish Confederation of Business Organizations (CEOE) headquarters.
The strengths and advantages of investing in Peru were promoted at the meeting.
In a keynote address, the BCR governor highlighted the stability of the national economy, projecting 3.1% growth for 2025.
"Peru combines growth, low inflation, fiscal discipline, and business confidence. It offers a level playing field for local and foreign investors, free capital flows, and more than 20 trade agreements covering 69% of global GDP; these are factors that consolidate its position as an attractive investment destination in the region," Velarde explained.
In that regard, he noted that private investment is expected to reach US$54 billion by the end of this year, a 5% increase compared to 2024, mainly driven by the dynamism of mining and infrastructure projects.
This is further reinforced by the growing interest of international capital, reflected in the increase in foreign investors’ share of sovereign bonds, which rose from 40% in December 2024 to 44% in September 2025.
The BCR chief stressed that Peruvian inflation remains among the lowest in the region (1.1% in August), at levels comparable to those of developed economies.
Similarly, Velarde estimated that this indicator will remain close to the target range’s midpoint (2%) during 2025 and 2026.
Following his participation, the Ministerial Panel "Defense and Promotion of Private Investment in Peru" was held.
In this session, Ministers Raul Perez Reyes (Economy and Finance) and Desilu Leon (Foreign Trade and Tourism) highlighted the importance of consolidating investor confidence and promoting the country's competitiveness.
The day also included the discussion panel "Investment Prospects in Peru in a Pre-Electoral Scenario," featuring Roque Benavides (Buenaventura Company), Luis Felipe Castellanos (Intercorp Financial Services), and Mariela Garcia (Ferreycorp).
The panelists agreed that the Peruvian private sector continues to play a key role in generating confidence and economic dynamism.
Other notable activities included roundtables and open dialogues held between Peruvian and Spanish authorities and business leaders at the Spain Council Foundation and the Ibero-American Business Alliance Council (CEAPI).
In turn, the Commission for the Promotion of Peru for Export and Tourism (PromPeru) organized a parallel event titled "Investments in Peru's Tourism Industry."
It brought together representatives of hotel chains, developers, and hotel operators from Spain’s public and private sectors.
Spanish and European business leaders were shown a portfolio of more than 40 hotel investment projects located in Arequipa, Cusco, Lima, Piura, and Tumbes, featuring a combined estimated value exceeding US$300 million.
inPERU President Mercedes Araoz stressed that tourism is one of the greatest opportunities the South American country has to generate inclusive and sustainable development.
"It accounts for over 3% of GDP and provides jobs for over 1.4 million Peruvians. This sector can become a driving force that connects Peru and contributes to reducing inequalities," she emphasized.
inPERU's XVIII Europe Roadshow 2025 has served to consolidate a clear message: Peru remains a competitive destination for international investment, combining macroeconomic stability, trade openness, and a dynamic private sector committed to sustainability and innovation.
About inPERU
inPERU is a non-profit association that promotes investment and the development of capital and financial markets.
It is made up of the country's main business organizations, such as the Association of Pension Fund Administrators (AAFP), the Peruvian Banking Association (Asbanc), the Association of Stock Broker Companies (ASAB), the Peruvian Finance Association (APEF), the Lima Stock Exchange (BVL), the Central Registry of Securities and Liquidations (Cavali), and the National Confederation of Private Business Institutions (Confiep).