- Sustained growth of the economy in the last 10 years.
- Modern legal and stable framework that protect all national and foreign investment.
- Strategic location in South Pacific: Peru is located on the center of SouthAmerica and is starting to be considered as a regional hub in the Pacific area.
- Vast natural resources and variety of climates.
- Increasing participation in the global market: mining, fishery agricultural, textile, chemical and oil and natural gas sectors are exporting.
- High potential sectors such as energy, hydrocarbons, culture, capital market, ports, telecommunications, land transportation, tourism, mining, agriculture, sanitation, airports, railroads and so forth.
Country Presentation - Government of Peru - ProInversión
WHY TO INVEST IN PERU
In 2011, GDP increased by 6.9% reflecting the optimum economic growth that Peru is going through, and following the positive tendency the economy is expected to grow 6% in 2012. Peru will continue leading regional growth with a real GDP variation of 6% for the 2012- 2014 period.
Forecast - LATAM: Real GDP 2012-2014
(Average annual % variation)
This economic growth has been driven by rising investment and dynamic international trade. During 2011, private investment reached US$ 32.7 billion3, and exports and imports were US$ 45,7 billion and US$ 35,6 billion respectively.
Peru also recorded the lowest annual average inflation rate in Latin America and it keeps a healthy debt level in relation with its international reserves. As of January 18, 2012 the Net International Reserves reached up to 50.3 billion dollars. This level is one of the highest both in the region and at an international level and constitutes a backup for contingent scenarios affecting the external environment and international financing restrictions.
Finally, Peru offers a favourable legal framework for foreign investment providing the same treatment to foreign or national investors and special regimes such as Legal stability agreements and VAT anticipated recovery. Additionally, it keeps working to become a globalized economy, with preferential access to the world’s largest markets. Peru has subscribed numerous agreements that represent a market of over 4 billion people with a joint GDP over US$ 56 billion, which represent 96% of Peruvian exports to the world.
