Private investment would grow up to 2% this year, according to the MEF

The head of the Ministry of Economy and Finance (MEF), Pedro Francke, revealed his new estimates and pointed out that private investment would grow up to 2% this year.

“We have a very high level of private investment in Peru, as was not seen many years ago, and for this reason we we are estimating a growth of between 0% and 2% of private investment in Peru”, said Francke Ballvé at a press conference.

The official specified that the large infrastructure and mining projects will contribute to boosting private investment and sustaining economic growth.

The head of the MEF highlighted the construction of Line 2 of the Lima and Callao Metro, the Chancay Port and the Chancay Airport. As well as that of mining projects such as the one in Quellaveco and Expansion of Toromocho, which involves an investment of US$ 6,655 million.

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