Óscar Maúrtua: Entrepreneurs from five continents maintain interest in investing in Peru

The Chancellor of the Republic, Oscar Maúrtua, assured that Peru was favored after the tour that the president, Pedro Castillo, made through Mexico and the United States. The Foreign Minister emphasized that, despite the coronavirus pandemic, our country remains a destination well seen by investors from all over the world.

“It is extremely valuable that entrepreneurs from the five continents continue to maintain interest in the opportunities offered by the Peruvian market”Said Maúrtua for El Peruano. The diplomat added that the country’s image was benefited by the growth forecasts of the Central Reserve Bank and ECLAC for this year, of around 10%.

The sectors that would benefit the most from the inflow of foreign capital would be road infrastructure, energy, mining, health, education and commerceMaúrtua assured. The growth of the national economy is an opportunity to “promote international trade, Peruvian industries and foreign investments with social profitability,” argued the foreign minister.

52 prioritized “great social impact” projects

Óscar Maúrtua also detailed part of the strategy to promote investment in infrastructure. The Government plans to accelerate the execution of 52 projects “of great social impact” for a amount close to 25,000 million dollars. These works will be developed with a public, private or mixed budget, with an emphasis on health and education.

The head of the Ministry of Foreign Affairs explained that the Government will place emphasis on promoting investment in clean technologies and renewable energies. They plan to take advantage of the water potential, as well as solar and geothermal energy, since “they are profitable markets with high demand.”

With regard to mining, Maúrtua recalled that this sector contributes about 10% to the national GDP. It also represents 60% of our exports and 23% of foreign direct investment. The minister said that the Foreign Ministry will continue to attract mining capital, since it “maintains a fundamental weight within our economy.”