Andina

Peru's outbound investment sees highest growth in region

Photo:ANDINA/Norman Cordova

Photo:ANDINA/Norman Cordova

11:17 | Lima, Oct. 24 (ANDINA).

Peru's direct investment abroad rose 325% in the first half of 2012, the highest percentage recorded in Latin America and the Caribbean, Economic Commission for Latin America and the Caribbean (ECLAC) said.
ECLAC noted that Peru’s direct investment abroad amounted to US$68 million in the first six months of 2012, while it declined US$30 million in 2011.

Among the countries that follow Peru in outbound investment growth are Venezuela (254%), Mexico (113%), Chile (111 %) and Honduras (75%).

Meanwhile countries that showed a decline in these investments include Uruguay (-2,091%), Colombia (-95%) and Costa Rica (-75%).

Peru is ranked among the six countries that increased foreign investment attraction in Latin America and the Caribbean in the first half of the year with 31%.

Besides Peru, the other five countries are Dominican Republic (145%), Chile (80%), Bolivia (53%), Guatemala (47%) and Argentina (42%).

Bahamas and El Salvador have the lowest foreign investment growth with -75% and -60%, respectively.

(END) JCJ/JPC/MOC   


Published: 10/24/2012