(Moquegua region) will be essential for the recovery of private investment and will generate significant economic dynamism in the Peruvian south, Macroconsult Economist Elmer Cuba affirmed.
Thus, it will create more jobs for the people who live in Moquegua, as well as for those who reside in nearby regions, such as Arequipa, Puno, and Cusco.
It should be noted the mining project is still in construction stage
and will begin production in 2021.
"Quellaveco involves an investment of over US$5 billion, which is 2.5 times higher than Moquegua's GDP," he underlined.