ECONOMIC REASONS TO INVEST

PERUVIAN ECONOMIC FUNDAMENTALS

Peru is showing an excellent economic performance. During 2008, the GDP increased by 9.8%, a rate among the highest in the world, and which ensures that the expansion of the country will be for more than 10 consecutive years. Despite the international crisis, these positive economic expectations for Peru in the coming years are based mainly on the public and private investments announcements, and to the increased confidence of foreign and domestic investors.

Source: International Monetary Fund and Banco Central de Reserva del Perú 

Private investment in the country grew 24% during 2007, after having risen by 20.1% during 2006. It is expected to maintain similar rates in the coming years due to a significant increase in investor and consumer confidence in the country, reinforced by the recent qualification of the Peruvian economy as "investment grade." Thus, the flow of private investment in Peru should grow to more than US$ 20,000 million annually. Public investment will benefit from the high levels of revenue (tax revenue increased 15% during 2007 and 27.8% in 2006), which will permit an increase in financing of public works to 4% or 5% of GDP.

Other relevant characteristic of growth in Peru is that now it also builds on livelier domestic demand, stemming from growing incomes and more jobs. Sectors that stand out are construction, manufacturing and services. It is noteworthy that construction depends greatly on dynamic local investment. Other areas of strong investment growth are local manufacturing of capital goods and imports of capital goods (41% larger).  

For more information please visit:

1. www.proinversion.gob.pe 

2. Foreign Investors Site

CURRENT INVESTMENT PROJECTS IN PERU

For more investment projects please visit: Investment Opportunities