Argentina will seek to attract tourism investments with an investment law for this sector that includes tax exemptions for all companies that decide to settle in the country, and the granting of loans at very soft rates. The Secretary for Tourism Promotion of the South American country, Yanina Martínez, explained the new strategy on the […]
Tag: Investment
Budget goal for public investment with municipalities will be S/ 880 million for the first quarter
The Ministry of Economy and Finance (MEF) established at S/ 880 million 300,000 the public investment goal for local governments during the first quarter of this year, which has been coordinated with said entities. To achieve this goal, 120 municipalities have been prioritized and it is planned to strengthen technical assistance and accompaniment. As had […]
More than S / 2,859 million will be invested in improving drinking water and sewerage services
During 2021, the National Superintendency of Sanitation Services (Sunass) approved nine rate studies aimed at improving drinking water and sewerage services, through investments amounting to S / 2,859 million 300,000 that will benefit more than 14 million people. Of the 9 rate studies approved last year, 8 (Sedapar in Arequipa, EPS Moyobamba in San Martín, […]
Peru works: more than 1,100 immediate intervention activities will be financed in 2022
A total of 969 districts will be prioritized to participate in the call for Immediate Intervention Activities (AII) in educational premises, which will be financed by the Ministry of Labor and Employment Promotion (MTPE), through the Work Peru Program, during 2022. 54% of these local governments are not in the technical document of District Geographic […]
Minem: mining investment exceeded US $ 4.45 billion between January and November 2021
Mining investment between January and November 2021 accumulated a total of US $ 4,453 million. The amount represents an increase of 21.6% in relation to the same period of 2020, when it registered US $ 3,663 million for the same concept, according to the Mining Statistical Bulletin (Bem) of the Ministry of Energy and Mines […]
Authority for Reconstruction with Changes executed about 80% of its 2021 budget
The Authority for Reconstruction with Changes (ARCC), as executing entity, invested S / 1,995 million in 2021, an amount that represents 79.5% of the S / 2,508 million budgeted. In this way, it becomes one of the highest execution rates among the ministries. The executive director of the ARCC, Amalia Moreno Vizcardo, highlighted that this […]
Ayacucho: MVCS allocates more than S / 10 million for works that will benefit 1,730 inhabitants
The Ministry of Housing, Construction and Sanitation (MVCS) reported that, thanks to the expansion and improvement of water and sewage works, basic quality services will reach the Chaquihuaycco stream, in Ayacucho, thus benefiting some 1,730 neighbors. The project that is located in the province of Huamanga, has an investment of S / 10 million 690 […]
MEF: public investment exceeded 39,000 million in 2021
Public investment achieved an execution of S / 39,102 million 622,434 during the year 2021. The figure represents a nominal growth of 38.02% compared to the expenditure of S / 28,330 million 668,470 registered in 2020, according to the Ministry of Economy and Finance. (MEF). The national government added S / 16,392 million 47,562 of […]
Nestlé Peru announces investment of S / 200 million in Ate plant
The food company Nestlé Peru announced that it will invest about S / 200 million in the remodeling of its distribution center in Ate, as well as in the acquisition of technology and production lines. In this way, the company plans to modernize the manufacturing of its key products in the country. Likewise, it will […]
Color Centro plans to invest around S / 3 million in Peru during 2022
The Peruvian paint shop chain Color Centro plans to open 26 new stores during 2022. The total estimated investment for the opening is S / 2 million 990,000, according to the company. The distribution of the new stores will be 7 stores in the north, 5 in the center-east, 4 in the south and 10 […]