Energy and Mines Minister Romulo Mucho affirmed that Peru is once again an attractive destination for investors in the mining sector, considering there are 51 projects —worth US$60 billion— that can be implemented in the country.
"We have visited the city of Toronto, Canada, along with an entire delegation, and Peru is once again an attractive destination," he told
Andina news agency on Wednesday.
It should be noted that
Romulo Mucho traveled to Canada from March 2 to March 7 this year to participate in the annual
PDAC Convention 2024 —the largest mining exploration event in the world aimed at investors around the world.
"Mining is one of the fundamental pillars of economic growth. We have 51 projects to invest nearly US$60 billion," he said.
"Investment needs three essential conditions: political stability, legal stability, and tax predictability," he added.
According to the
Ministry of Energy and Mines (Minem), Peru ended 2023 with a mining investment exceeding US$4.715 billion, a figure that surpasses the target set in the middle of last year.
(END) CNA/JJN/RMB
Published: 3/28/2024