LONDON, Oct. 03, 2018 (GLOBE NEWSWIRE) -- ProInversión, Peru’s Private Investment Promotion Agency, has implemented an effective commercial strategy to attract new investors to the Peruvian economy, which is favoured by a solid legal framework and an environment that offers equal treatment to local and foreign investors alike.
For the last 25 years, Peru has maintained high growth rates with low inflation rates; in fact, it maintains one of the highest growth rates in Latin America. This is due to Peru’s macroeconomic policy, which has remained solid and stable, irrespective of which party is in power. As such, the country continues to demonstrate an open, liberal and market-oriented economy.
According to Alberto Ñecco, Executive Director at ProInversión, today the agency promotes a portfolio of 50 PPP projects worth more than $11bn, which will be awarded between 2018 and 2020. Some projects, which are due to be awarded in the coming months, could see this figure exceed $20bn.
This highlights how Peru has one of the broadest and more consolidated PPP programmes in Latin America, which allows it to offer investors attractive projects in transport, energy, sanitation, education, health and even mining concessions.
In parallel, ProInversión is working with various ministries to identify and prioritise social projects. The agency also provides technical assistance to state bodies in the formulation of PPP projects and promotion.
This year, ProInversión has promoted PPP projects in Asia, Europe and America, attracting the interest of investors, predominately in transport, energy and sanitation projects. These promotional activities abroad are part of ProInversión strategy, which is focused on active promotion and visiting target markets. ProInversión also seeks to capture the interest of leading consulting firms, in order to explain the opportunities for hiring top-level advisers for the PPP projects conducted by the agency.
To find out more about Peru’s investment appeal, check out World Finance’s exclusive video interview with Alberto Ñecco at www.worldfinance.com.
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