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Friday, May 28, 2010
Special Reports

Peru: Infrastructure Boom

Peru hopes to attract more than $1 billion in investments to planned infrastructure projects.
The $404 million Majes-Siguas II irrigation project is among Peru's major infrastructure schemes.(Photo: Colca)

BY LISA K WING

LIMA -- If timing is everything—or at least is a critical component—when closing a business deal, then now is time to invest in Peru. That’s the message Jorge León, executive director of ProInversion, the country’s private investment promotion agency, is trying to send out to investors. 

"Now is the moment to come to Peru: the investment climate is ideal and the opportunities abound,”" affirms León. "The country continues to grow despite the international financial crisis. We were even granted investment-grade status by major rating agencies soon after the crisis broke out."

This year, ProInversion is spearheading efforts to promote and ultimately bid out 22 infrastructure projects that ...

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Keywords: AC Capitales, Brookfield Asset Management, Global Competitiveness Index, Majes-Siguas II, Payet, Rey & Cauvi; ProInversion

 

 

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