WEF on Latin America puts Peru on the world map this April, 2013

This year's World Economic Forum on Latin America highlights the importance of Peru in international trade, Peruvian President Ollanta Humala said Tuesday.

Photo: ANDINA/Juan Carlos Guzmán.

"Attending the meeting will be the presidents of Mexico and Panama, more than 700 heads of international missions accredited in the country and over 50 finance ministers from around the world," Humala said ahead of the April 23-25 meeting in Lima.
The presidents of the Inter-American Development Bank and the World Bank will also be in attendance.
The forum was billed by Humala as a "high-level" gathering that puts the Peruvian capital among the main host cities for major events in the world.
"It is a source of pride for all Peruvians," the president said while inspecting construction works of the second section of the Lima Metro's Line 1.

Under the theme “Delivering Growth, Strengthening Societies”, regional and global leaders will discuss the opportunities and challenges that lie ahead to achieve the region’s full potential.

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PERU SEEN AS A GREAT OPPORTUNITY FOR INVESTMENT BY THE WORLD ECONOMIC FORUM. 2013

 Co-chair of the 2013 World Economic Forum on Latin America Arne Sorenson said this week that business people in the tourism sector are seeing Peru "as a great opportunity for investment."

World Economic Forum on Latin America 2013 is taking place in Lima, Peru. Photo: ANDINA/Oscar Farje

Sorenson noted that the growth projections for investment in Peru's tourism and hotel sector are highly influenced by economic growth and increased business activities in the country.
"We are glad to be in Peru and we find great investment opportunities here. When talking with our partners, they are very positive about the things that can be done here and we want to work with the Peruvian and Latin American industry," said Sorenson, who is president and CEO of Marriott International.
Marriott, one of the world's premier hospitality companies, has opened four hotels in Peru and plans to open 150 hotels in Latin America over a seven year period, he added.
The Marriott CEO participated in this week's World Economic Forum on Latin America as a speaker in the panel: Latin America in the Current Global Context.

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PROJECTS IN PERU ATTRACT CHINESE INVESTORS

Lima, (ANDINA). Chinese investors and entrepreneurs are interested in projects presented by Peru's private investment promotion agency Pro-Inversion at road shows in Beijing and Shanghai, China.

Photo: ANDINA/Prensa Presidencia

Pro-Inversion executive director, Javier Illescas, highlighted investment opportunities in Peru's transport, sanitation, energy and hydropower sectors.

He said that the Andean country gives equal opportunities to domestic and foreign investors.

"Invest in Peru: It Is Possible" road show begun in Beijing on April 8 with special attendance by Peruvian President Ollanta Humala who also participated in the second event, on April 9 in Shanghai.

"The road show in China and in the rest of Asia shows our commitment to responsible foreign investment,"

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Cesar Moran - Blog Moderator

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7th Andean Forum on Finance and Investment is in Peru this coming June, 2013

Peru’s Economy Minister Luis Miguel Castilla will lead the 7th Andean Finance and Investment Forum, to be held in Lima, Peru, on June 4-5, according to Latin-finance.

Peruvian Economy Minister, Luis Miguel Castilla. Photo: Andina / Juan Carlos Chavez
The forum is explicitly designed to connect financiers, international and local investors, and leaders from the Andean public and private sectors.

LatinFinance is organizing this important regional investment forum to explore investment opportunities in the main Andean markets through discussion, presentations and one-on-one meetings.

The ongoing development of the Andean region's capital markets, solid performances and active issuances by its leading companies, and the boom in intra-regional investments are all underpinning capital flows into and across the regions, event organizer said.

Other speakers include Julio Velarde, President of Peru's Central Reserve Bank (BCR); Francis Pilkington, Corporate Finance Director of Gloria Group; and Luiz Fernando de Castro, director of Odebrecht Latinvest.

THIS EVENT WILL BE HELD AT THE WESTIN HOTEL & CONVENTION CENTER NEAR THE FINANCIAL DISTRICT OF SAN ISIDRO - LIMA  JUNE 4 - 5  OF 2013. 

FREE REGISTRATION IS LIMITED AND RESTRICTED TO SENIOR COORPORATE OFFICERS, INSTITUTIONAL INVESTORS AND HIGH RANKING PUBLIC SECTOR OFFICIALS. ALL OTHERS ARE WELCOME TO ATTEND FOR A FEE.

IF YOU HAVE ANY QUERIES SEND EMAILS TO:

For Sponsorship Opportunities

Teresa Aguilar

tel. +1 212 224 3051

taguilar@latinfinance.com

For Speaking Opportunities
Theodore Ward
tel. +1 305 428 6283
tward@latinfinance.com

PERUVIAN PRESIDENT HUMALA OPENS SOLAR POWER PLANT IN SOUTHERN PERU THIS YEAR

Lima, March (ANDINA). Peru's President Ollanta Humala Tasso opened Monday two photovoltaic power plants in southern regions of Tacna and Moquegua.

Photo Andina/Prensa Presidencia

The PV power plants were built with an investment of 500 million soles (US$192 million).

The first one, which was granted to Tacna Solar 20 TS SAC, will produce 47,196 MWh of solar power annually and required an investment of 250 million soles.

The second plant, which will start to operate in Moquegua, was awarded to Panamericana Solar 20 TS SAC and covers 123 hectares. It is expected to generate 50,676 MWh per year.

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PERU TO SEE INCREASE IN SILVER PRODUCTION IN 2013

Peru’s production of silver is estimated to increase by 5 percent this year, driven by new mining projects, according to a recent report by Scotiabank main branch in PERU.

The growth would represent a considerable increase from the 1.74 percent increase in silver mining last year.

Scotiabank said that the Milpo and El Brocal mining firms were currently in the midst of expanding their plants, which would lead to an increase in sliver production. The bank said the increased investments would lead to growth of 9 percent per year, between 2014 and 2016.

Last year the Buenaventura mining company saw 16 percent growth in their silver output, the daily said.

According to Scotiabank, the increase is also due to new mines such as Xstrata’s Las Bambas, Chinalco’s Toromocho, and Hudbay’s Constancia project.

"Volcan and Hochschild have new projects that are focused on increasing production" 

IF YOU HAVE ANY QUESTION OR QUERIES, PLEASE SEND EMAILS TO:info@mineraperu.com 

Attn: Cesar Moran - Director

Peru's construction sector to maintain double-digit growth this year..!

Lima, Mar. 05 (ANDINA). Peru's booming construction sector is likely to continue its double-digit growth over the next two years, according to government estimates released Tuesday.

Photo: ANDINA/ Archivo/ Alberto Orbegoso.

Minister of Housing, Construction and Sanitation Rene Cornejo said construction activity has grown 15 percent over the past few years, and everything indicates that the trend will continue in 2013 and 2014.
The construction industry has doubled its share of contribution to the country's groos domestic products in the last five years, he added.
The sector is currently growing seven percent after expanding 15 percent last year, Cornejo said, so we estimate that its double-digit growth will continue in the years to come in a context of strong economic growth at six percent.
The minister on Tuesday opened a workshop on Sharing Experiences in the Design and Implementation of Green Building Codes" in the economies of the Asia-Pacific Economic Cooperation (APEC), taking place in Lima on March 5-7.

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