Andina

Executives confident further foreign investment will come to Peru

Centro Comercial de San Isidro Foto: ANDINA/Norman Córdova

Centro Comercial de San Isidro Foto: ANDINA/Norman Córdova

14:33 | Lima, Jun. 22.

Seven in every ten (73%) Peruvian executives believe further foreign investment will come to the country this year, according to the latest survey by Global Research Marketing (GRM).

Overall, 51.7% of the respondents predict the situation will improve within the following months, and investment will flow into the country; whereas 45.5% say economic slowdown will continue, and 2.8% believe downturn will be more pronounced.

When asked for aspects that might affect foreign investment, 67% of the ones polled blamed corruption, 66% social conflicts, 58% insecurity and crime, 35% downturn in global economy, 22% division and polarization in Peru, among others.

Odebrecht case and downturn

Likewise, 83% of executives think the country experiences an economic slowdown, and that (domestic and foreign) investment has stagnated.

On the matter, 71% of those surveyed ascribed this to Odebrecht case, 65% to corruption in general, 57% to natural disasters, 36% to foreign investment, and 32% to a decline in domestic investment, among others.  

According to 75% of respondents, negative aspects have touched their workplace already.

On the other hand, five in every ten executives (54%) think their economic situation will be the same this year, 31% say it will improve, and 5% expect a significant improvement. 

Also, 9.7% of respondents believe the situation will be worse, and 0.7% say it will be more than worse. 

Moreover, 59% expect their income to remain about the same, 29% say it will improve, whereas only 13% expect it to worsen.

(END) JJN/JJN/RMB/MVB

Published: 6/22/2017