MEF in New York: Investing in Peru means betting on country with enormous potential

Photo: NYSE

Photo: NYSE

13:00 | New York (U.S.), May. 22.

Peruvian Economy-Finance Minister Alex Contreras has been holding a series of meetings with international investors in New York City and revealed that the first conversations have been positive.

"We are here a little more than a day, and the first conversations we have had with some investors have been positive," he emphasized after participating in the 
traditional bell-ringing ceremony at the New York Stock Exchange (NYSE) on Monday morning.

The Cabinet member and Central Reserve Bank (BCR) Governor Julio Velarde lead a public-private delegation that visits New York City on May 22-23 to hold meetings with investors and local authorities so as to present Peru's macroeconomic strengths, as well as the prospects and various investment opportunities offered by the South American country.

"The United States is one of the most important markets around the world. So, being here enables us to fulfill several objectives; firstly, to help find new buyers for our products and, secondly, to attract interesting investors to the construction, manufacturing, technology, and financial sectors," Contreras specified.

Minister Contreras indicated that one of the visit's objectives is to reaffirm the stance that Peru is a stable and reliable country.

"Betting on Peru means betting on a country with enormous potential for the following years. The Peruvian economy is one of the fastest-growing economies in the region, and what we want to do is reinforce that connection with investors, so that we can move the country forward; that is the goal of this little tour," he underlined.


Furthermore, the Cabinet member highlighted the fact that Peruvian GDP began to return to the growth path last March, which proves the resilience of Peru's economy.

"During these last five months, Peru has once again proven to be a resilient economy, a very strong economy, and thanks to this recovery, we can afford to come to the world's financial center to tell investors from the United States, Europe, and China that they should bet on Peru," Contreras remarked.

"We want to tell the world that Peru is back and remind them that it is a reliable place for investment, tell them that whoever bets on Peru in the long term always ends up winning," he concluded.


Published: 5/22/2023