Andina

Peru: Private investment to surpass US$30 billion

Central Bank President Julio Velarde. Photo: ANDINA / Rocio Farfan.

Central Bank President Julio Velarde. Photo: ANDINA / Rocio Farfan.

07:02 | Lima, Jan. 26.

The President of Peru's Central Reserve Bank (BCR), Julio Velarde, projected private investment projects, during the 2015 – 2016 period, will reach US$ 31.74 billion.
It means a US$1.09 billion increase, if compared to figures registered until last October.

The last report was presented in October 2014.

According to the study, during the last trimester of 2014, private investment announcements affirmed those would increase by 3.6% (US$ 1.097 billion).

Velarde indicated the mining sector is the one, which concentrates the highest future investment share (amounting US$12.549 billion and, therefore, representing a 39.5% of the total).

It is followed by hydrocarbons sectors with US$5.856 (18.5%) and electricity with US$4.080 billion.

Behind those are the infrastructure with US$2.767 billion (8.7%) and industry with US$1.715 billion (5.4%).

BCR also estimated 23% of projects financing come from an external source.

(END) RGP/JJN/MVB


Published: 1/26/2015