08:48
Peru’s mining-energy sector lures US$ 4.86 billion investment this year
-
|
HaNational Mining, Petroleum & Energy Society (SNMPE) president Hans Flury. Photo: ANDINA/Jack Ramòn.
|
|
-
Lima, Dec. 16 (ANDINA). Peru’s mining-energy industry has attracted around $4.86 billion in domestic and foreign investments this year, according to Peru's National Mining, Petroleum & Energy Society (SNMPE) president Hans Flury.
Of the total amount, $2.18 billion was invested in mining activities, $1.6 billion in hydrocarbon projects and $1.08 billion in the electricity sector.
The SNMPE head said these investments reflect the investors' confidence in Peru, a country that enjoys legal, political and economic stability as well as great mining, energy potential yet to be developed.
"Entrepreneurs working in the mining-energy sector are prepared to meet the post-crisis challenge, and we will do our utmost to stimulate growth in the mining, hydrocarbon and electricity sectors," he added.
Flury remarked that the sector’s current challenge is to explore and exploit new mines and oil deposits, for which private companies will need to increase their investments.
"At present, there is a portfolio of mining projects worth over 30 billion dollars that need to be executed in the coming years," he said.
(END) CSO/JPC/EEP/LVT
-
|