The mining investment reached US$335 million in April 2023. This mode represents a 19% drop compared to the result of the same period of 2022, when US$ 413 million was reached. However, the figure for the fourth month of the year is 8.1% higher than that registered in March (US$310 million), according to the latest […]
Tag: Investment
Mall Aventura, a new shopping center in Iquitos: when will it open and what stores will there be?
Mall Aventura prepares the opening of its shopping center in the city of iquitos (loreto). They also plan to open a similar shopping complex this year in the most populated district of Peru: San Juan de Lurigancho (Lima). According to the company, the construction of these projects for the retail sector demanded a investment cumulative […]
Julio Velarde: “Improvement of expectations is being very slow”
Since January of this year, business expectations have improved, but at a snail’s pace, despite the ravages of inflation, social unrest and natural disasters caused by the passage of the Cyclone Yaku. At the end of May, of 18 indicators, eight are in the optimistic rangeaccording to the survey carried out by the Central Reserve […]
Ancón Industrial Park will generate 50,000 jobs: what is the megaproject located in North Lima about?
He Ancon Industrial Park is a megaproject promoted by ProInvestmentcommissioned by the Ministry of Production (Produce) that will generate more than 50,000 formal jobs direct in companies of various sectors that will settle in said complex. Recently, two new companies —operators of large industrial park projects around the world— showed their interest in this initiative. […]
BCRP: General Government investment exceeded S/3,190 million and grew 21% in April
The general government investment reached S/3,192 million and registered a 21% year-on-year growth in April, due to the higher execution of the three government instances, mainly subnational governments, reported the Central Reserve Bank of Peru (BCRP). According to groups of projects and activities, the increase corresponded to the “rest” group of projects and activities (31.5%) […]
Peru displaces Chile as the most attractive country to invest in mining
He Peru climbed 8 positions as the most attractive country for invest in mining and went from position 42 (of 84) in 2021 to 34 (of 62) in 2022, displacing Chile, which is now ranked 35, according to the 2022 Annual Survey of Mining Companies of the Fraser Institute from Canada. In 2020, the result […]
MEF: “The prospects for the housing market in general are unfavorable”
The Ministry of Economy and Finance (MEF) recently updated its forecasts for the Peruvian economy and cut growth for this year to 2.5% from 3.5%. In addition, it revised downward several economic sectors, including the constructionof which it is expected to only grow 0.5% and no longer 2.3% as estimated in August 2022. With this […]
Mutual fund industry lost more than 95,000 investors
At the end of March, the assets managed by mutual funds reached S/28,499 million, a decline of -1.14% compared to February (S/28,816 million) and a drop of -4.78% compared to the last 12 months, according to the Association of Mutual Fund Administrators of Peru (AAFM). In addition, the number of participants reached 340,364, which represents […]
Expectations of employers improve in the short term
Business expectations in the short term recovered in March, compared to the previous month; However, most of them still remain in a pessimistic tranche (less than 50 points), according to the latest report from the Central Reserve Bank of Peru (BCRP). In a month marked by natural disasters as a result of Cyclone Yaku, expectations […]
Municipal savings banks ask the Government for S/1,000 million for loans
The municipal savings banks are asking the central government for economic strengthening with the aim of offering more loans to micro-entrepreneurs seeking economic reactivation. John Sarmiento Tupayachi, manager of Corporate Services of the Peruvian Federation of Municipal Savings and Credit Banks (FEPCMAC), told La República yesterday that the request was made to the president Dina […]