Peru is becoming an attractive destination for foreign investment because, amid the difficult international context, it is a very friendly country for development projects and guarantees political and macroeconomic stability as well as energy supply.
The chief executive of oil company Repsol, Antonio Brufau, said this week that investing in Peru is a great advantage and luck because it is a tremendously friendly country to develop investment projects.
After holding a meeting with Peruvian President Ollanta Humala Tasso on Thursday at the Government Palace, Brufau expressed confidence in Peru and announced that the Spanish company will invest three billion dollars in the Andean country over the next five years.
Previously, the Ministry of Energy and Mines (MEM) reported that mining investments totaled US$ 4.04 billion between January and August 2011, a 70 percent increase over the same period in 2010, noting also the importance of Peru as a destination for global investments.
The presence of capital in our country, as well as announcements of new millionaire investments, are being registered in parallel to the energy matrix change that Peru has taken towards natural gas. (Andina)
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