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BCR: Announced private investment to reach US$18.5 billion in 2018-2019

13:46 | Lima, Sep. 21.

Peru's Central Reserve Bank (BCR) Governor Julio Velarde on Friday affirmed private investment announcements in the Inca country will total US$18.5 billion between 2018 and 2019.

"The investment project announcements for the years 2018 and 2019 will reach US$18.5 billion, most of them will be linked to mining (activities)," Velarde expressed.

Thus, the issuing entity official stressed private investment may expand 5.5% this year and 6.5% the next one, taking into account projects —to be awarded in the 24-month period— will reach some US$3.4 billion.

(END) CNA/DTK/MVB

Published: 9/21/2018

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BCR: Announced private investment to reach US$18.5 billion in 2018-2019

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