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10:53 Peru is land of investment opportunities in Latin America (Update)
 
Cartagena, Colombia, Apr. 14 (ANDINA). President Ollanta Humala Tasso said Saturday that Peru is "a door of opportunities" for long-term investments in Latin America, with clear rules that generate development and protect the environment.
ANDINA/Prensa Presidencia
ANDINA/Prensa Presidencia

"Peru has become a door of opportunities in Latin America, perhaps the front door, because with long-standing efforts we have created this opportunity to attract investment to Peru," he said at the CEO Summit of the Americas in Cartagena, Colombia.

Humala said that "Peruvians have made a great sacrifice to maintain significant rates of sustained economic growth above six percent for over a decade."

"This means responsible management of macroeconomic policies, a principle of honor, we respect what we sign and promote dialogue," he added.

The Peruvian leader noted that his government is working for a better distribution of wealth to reduce inequality gaps, which is why growth is aimed at developing public policies to boost infrastructure and connectivity.

"And one way to connect us is with energy integration and infrastructure," he stated.

In this context, he highlighted the construction of a petrochemical complex in southern Peru, "the first to be built on the Pacific Coast," thanks to natural gas reserves from the Camisea fields in Cusco.

President Humala took the opportunity to invite private firms to invest in the US$16 billion project.

The business meeting, which takes place in the framework of the Sixth Summit of the Americas, focuses on five areas, including "Economic Growth and Natural Resources."

(END) GCO/GCO/EEP

Date: 14/04/2012
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