Andina

CAF signs accord to boost Peru's mining cluster

10:40 | Arequipa (Arequipa region), Nov. 23.

The Development Bank of Latin America (CAF) and the Chamber of Commerce and Industry of Arequipa (CCIA) have signed a technical cooperation agreement aimed at developing Peru's Southern Mining Cluster (CMSP).

The accord addresses a series of specific actions and the implementation of strategic guidelines intended for its consolidation and sustainability. 

Said contract was inked by CAF Executive President Luis Carranza and CCIA Chief Aldo Aranzaens. 

President Martin Vizcarra —as the witness of honor— underscored the signing of said agreement and indicated its success depends on the joint efforts undertaken by the private sector, universities, as well as the Government's three levels —national, regional, and local. 

"On our part, there is a commitment to do everything we can to support this great goal," the Head of State expressed. 

"If it is successful, it will be a project that will benefit everyone, especially the population since it will create many jobs," he added. 

Likewise, the CAF representative pointed out this initiative seeks to increase productivity and competitiveness of small-, medium-, and large-scale mining activities in the Inca country's southern areas. 

"It will also boost the creation of an innovation and entrepreneurship ecosystem that boosts private investment in research and development," Carranza said. 

Furthermore, CCIA Chief Aranzaens stated this program will involve the zone's most representative mining companies

Moreover, it will promote cooperation with other participants such as the academy; Mining, Equipment, Technology, and Services (METS); guilds; as well as regional and local governments, among others. 

(END) MDV/MDV/DTK/MVB


Published: 11/23/2018