Peru generates interest among UK investors

The Commission for the Promotion of Peru for Exports and Tourism (PROMPERÚ), in association with JP Morgan and the Financial Times, organized the London 2023 Investment Roadshow with the aim of consolidating the image of Peru as a destination for foreign direct investments from the Kingdom. United.

The Peruvian delegation that visited London for said event was headed by the Minister of Foreign Trade and Tourism, Juan Carlos Mathews, and had, among its members, the president of the Central Reserve Bank of Peru, Julio Velarde.

“One of our objectives, as a sector, is to enhance the attractiveness of our country as a recipient of foreign investments. We have the macroeconomic solidity, the favorable regulatory framework and the necessary advantages for businessmen to trust in Peru. This event, successfully organized by the PROMPERÚ office in London, seeks to contribute to the achievement of that objective,” said the minister.

During Wednesday, November 1 and Thursday, November 2, conferences and activities were held aimed at representatives of the main companies, investment funds and investment multiplier agents in the United Kingdom to present the competitive advantages and investment opportunities that Peru offers.

As part of the promotional activities, Minister Mathews participated in private meetings with representatives of transnational firms such as Anglo American, Goldman Sachs, Lloyds Bank, Hochschild Mining PLC, RBC Capital Markets and Lazard, among others. The topics discussed at the meetings had to do with mining prospects, energy investments, trade and investment facilitation, and environmental and agricultural projects.

In each of the meetings, the minister highlighted the macro vision of Peru's strengths as an investment destination.

Likewise, Minister Mathews met with the Latin American Travel Association of the United Kingdom, which is the organization that brings together tour operators and travel agencies that focus on the destination of said region. At the meeting, issues regarding joint strategies to increase the flow of British travelers to Peru were addressed.

UK investments in Peru

Investment from the United Kingdom in Peru reached 12.97 billion dollars in the last 20 years, an amount that includes executed investments, commitments and investment plans of British companies in Peru. 83% of British investment capital was concentrated in the metals sector, followed by the food industries, energy and tourism sectors.

To date, 53 projects have been registered by 34 UK companies, generating approximately 9,000 direct jobs.

Source: Promperú.