Mexican Ambassador to Peru Victor Hugo Morales has affirmed that his nation's investors are interested in entering the South American country's market given its stable economic growth in Latin America.
"Certainly, there is interest. We have a very broad outline of
Mexican presence. We are among the 10 largest investors in Peru," Morales told Andina news agency.
"Mining is the most relevant sector, also relevant is the telecommunications (sector) with Claro; in the food sector Bimbo and Arca Continental are present, (the latter) which is part of Inca Kola, in distribution with Oxxo," he added.
"Despite the numbers, in Latin American terms, it is a very healthy and strong economy, which is moving forward," he expressed.
More capital for growth
Likewise, the Mexican Ambassador said Peru requires greater capital injections for its economic growth.
Furthermore, it is a home market for the expansion of businesses that already operate in the Inca nation.
"
There is also a manufacturing sector that needs to be energized. Peru must look into the future (...). There are also good opportunities for the country due to its extraordinary geographic location, along with the diversity of resources and the human talent," he explained.
Pacific Alliance
As is known, Chile, Colombia, Mexico, and Peru comprise the Pacific Alliance.
The
Pacific Alliance —created in 2011— is an integration initiative focused on
reducing trade barriers, as well as fostering the free circulation of goods, services, capitals, and people across its territories.
The bloc relies on
observer countries and represents the eighth-largest economy in the world.
On an annual basis, the
Pacific Alliance rotates the pro-tempore presidency among its members.
Peru handed over the presidency to Chile at the summit held in Lima last July.
(END) MDV/MVB
Published: 11/4/2019