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inPeru Road Show seeks investments in Canada and the U.S.

Perú en la Bolsa de Valores de Nueva York. Foto. Mauricio Vargas.

Perú en la Bolsa de Valores de Nueva York. Foto. Mauricio Vargas.

00:16 | Lima, May. 26.

The 12th inPeru Road Show in Toronto and New York will encourage investors to commit S/20 billion (round US$6.1 billion), required to implement the Reconstruction with Changes (RCC) process following "Coastal El Niño" phenomenon.

The event seeks to stimulate mineral exploration by Canadian companies, taking into account the double listing on the Lima and Toronto stock exchanges.

To that end, a Peruvian delegation is set to meet with more than 350 investors from Toronto and New York on May 30-31.

"The main goal is to distinguish Peru from the remaining economies in the region, which have slowed down or are currently experiencing flat growth," inPeru head Francis Stenning expressed.

Despite the events that occurred in the first months of the year, Peru's growth standards remain unchanged, raising expectations among foreign investors.

The inPeru delegation will present encouraging figures to confirm the Peruvian market's soundness.

For instance, according to the latest ProInversion report, an 8% rise in foreign direct investment was the highlight of the last five-year period, totaling US$24.6 billion by the end of 2016.

inPeru's goal is to continue strengthening the Andean country's position on international markets, so that figures remain positive.

Likewise, the Peruvian delegation will —for the first time— take part in the opening bell ringing ceremony at Toronto Stock Exchange (TSX).

Also, Peru will —once again— join NASDAQ activities in New York City.

The trip is also aimed at enhancing ties with Canada and the United States, major trading partners for the Inca nation.

(END) NDP/RMB/MVB

Published: 5/26/2017
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