Andina

BCR: Investment project portfolio increases to US$57.2 billion for 2015-2017 period

Banco Central de Reservas del Peru, BCR. Foto: ANDINA/Melina Mejía

Banco Central de Reservas del Peru, BCR. Foto: ANDINA/Melina Mejía

19:35 | Lima, May. 22.

The investment project portfolio in Peru increased by US$4.1 billion for the 2015-2017 period, totaling US$57.2 billion and leading to an 8% growth, the President of Peru's Central Reserve Bank (BCR) Julio Velarde affirmed.

During the presentation of the May inflation report, which took place in Lima, Velarde said the portfolio amounts US$57.2 billion, a quantity higher than the one announced last January (US$53.1 billion).

"Private investment will recover in the next three years, thanks to the project portfolio increase," he assured.

The recently announced investment projects amount US$40.084 billion for the 2015-2017 period. The mining sector heads the ranking amounting US$14.408 billion. It is followed by hydrocarbons sector totaling US$7.224 billion, electricity (US$4.617 billion), infrastructure (US$4.057 billion), industry (US$2.408billion) and others (US$7.370 billion).

In 2015, the non-mining private investment will grow thanks to projects such as Gasoducto Sur Peruano (Peru’s Southern Gas Pipeline), Lima's Metro Line 2 and Nodo Energético del Sur (Southern Energy Node), among others.

(END) JCC/JJN/RGR


Published: 5/22/2015