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Peru: Private investment to expand 4.4% in 2019
11:11
| Lima, Sep. 29.
The Central Reserve Bank has projected
private investment in Peru
will expand by 4.4% in 2019.
In this sense, the
institution revised upwards its 3.8% forecast presented last June
.
"
The increase in private investment
is supported by
mining investments
and the
development of infrastructure projects
," BCR Governor Julio Velarde expressed.
These projects include the
Jorge Chavez International Airport expansion
,
Lima Metro Line 2
, port terminals, and real estate projects, among others.
Therefore,
mining investment
will expand 16.3% this year, and investments in other sectors will grow 2.7%.
In 2020, private investment will register a 4.5% expansion
, Velarde estimated.
Remarks were made during the presentation of September 2019 Inflation Report.
(END) MMG/JJN/DTK/MVB
Published: 9/29/2019
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