07:57 | Paracas (Ica region), Jul. 03.
Peru’s Minister of Economy and Finance Alonso Segura said the Pacific Alliance is developing an agenda to create an investment fund focused on infrastructure projects.
“What we seek in this bloc is to establish an investment fund, which we hope will be built mostly by private capitals focused on infrastructure projects,” he told Andina news agency.
He explained the said fund will further speed up the companies’ financial closure process, because they will have greater resources.
“This will attract more companies and investors to infrastructure projects of the four countries, since these players will not be limited to small projects anymore, but –through this fund– will be able to invest in a road project in Peru and then in a hydroelectric power plant in Chile,” he noted.
Consolidating such infrastructure initiatives within the framework of the Pacific Alliance will result in more investors coming to Peru, as they will see a large portfolio to invest in.
Segura underlined that even though integration concrete results will be achieved in the following years, working incisively in the agendas has an impact in the short term.
(END) RGP/ASH/RMB/MVB
Published: 7/3/2015