Andina

Fin Min: Peru to emerge stronger from fight against corruption

Ministro de Economía, Alfredo Thorne, en Road Show de inversiones en Nueva York.

Ministro de Economía, Alfredo Thorne, en Road Show de inversiones en Nueva York.

09:57 | New York (U.S.), May. 31.

The Government of Peru is absolutely convinced it will emerge strengthened from its challenging fight against corruption, Economy and Finance Minister Alfredo Thorne said in a meeting with potential investors in New York City.

"We are absolutely convinced we are going to emerge stronger from this challenge," he said during the seminar 'Peru, Leading Growth across the Region' that also featured Central Reserve Bank (BCR) Chairman Julio Velarde.  

As he explained, investors interested in expanding operations in Peru express their willingness to work within the framework of transparency and legality, goals that are fully shared by the Government of Peru.

The Executive Branch wants new investments to work over clean ground, on which every company competing for contracts can have the same opportunities to win.

He went on to say Peru seeks to dismiss an old system in which large projects used to be awarded to only one bidder, many times amid corruption scandals.

Reconstruction

Minister Thorne leads a Peruvian delegation intending to draw foreign investments into the Andean country during the 12th inPeru Road Show taking place in Toronto and New York.

According to the government official, such government's wish will be brought to light and implemented under the reconstruction of zones struck by Coastal El Niño —a weather event that left more than 100 dead and thousands displaced across Peru during the first quarter of the year.

(END) CCR/SMA/RMB/MVB

Published: 5/31/2017