BCR: Peru offers attractive environment for private investment

14:36 | London (UK), Feb. 25.

Central Reserve Bank (BCR) Governor Julio Velarde on Monday highlighted Peru's attractive environment for foreign private investments.

Velarde currently participates at InPERU's 16th Road Show Europe 2019 which started on February 25 in London and will later continue in Madrid (Spain) until February 28.

This event is aimed at attracting investments and promoting Peru as a solid nation for business.

In this sense, the official underlined the Inca country's inflation stands at an annual average of 2%. Plus, it has a sustainable economic growth over time and an expansionary monetary policy.

The Peruvian delegation held diverse work meetings with British investors, as well as with European Parliament representatives. They addressed topics related to the importance of Great Britain's investments in Peru, Brexit, as well as the Lima 2019 Pan American Games, among others.

On the occasion, he was joined by Lima Mayor Jorge Muñoz, inPERU Chairman Francis Stenning, and InPERU Director Marco Zaldivar.

Peruvian Ambassador to the United Kingdom Juan Carlos Gamarra and U.K. Ambassador to Peru Kate Harrisson also participated in the event.

Mining investments

On the other hand, inPERU Chairman Francis Stenning pointed out the announcement of large investments in mining projects such as Quellaveco and Mina Justa will strengthen growth —even more— this year.

Likewise, he noted the Inca nation relies on a wide economic diversification, which can be used by foreign investors in various sectors like the infrastructure sphere.

(END) MDV/DTK/MVB

Published: 2/25/2019

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BCR: Peru offers attractive environment for private investment

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