Peru has one of the top investment-promoting regimes in the world. Thus, companies investing in mining exploration see Peru as an “attractive country” to perform those activities, affirmed Minister of Energy and Mines, Rosa María Ortiz.
Minister opened the event "Peru Day”. It is one of the activities held during the world’s mining convention PDAC-2015 “Prospectors and Developers Association of Canada”.
There, the Minister highlighted the results of the last survey presented by the Fraser Institute that displayed Peru's investment attractiveness “climbed” from the 37th position (2013) to the 30th in 2014.
"This was possible thanks to the economic reforms we have adopted in order to make a more competitive country, in regard to the mining industry," she explained.
"We have expressed investors the guarantees offered by Peru and our commitment to continuing supporting mining companies, which generate wealth and share it with people and the communities, where they operate. In that matter, our visit to Toronto has been very positive," stated Ortiz.
In addition, mining is the main engine for Peruvian development, Ortiz emphasized.
The Minister reaffirmed the different projects' beginning of operations, in the next months, will double the copper production, placing Peru as the world's second largest copper producer, by 2016.
Finally, she indicated Peru holds a positive investment grade rating, according to three of the main rating agencies in the world: Standard & Poor's, Fitch Ratings and Moody's Investors Service.
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Published: 3/3/2015