Economy

Investment Roadshow Takes $17bn Project Portfolio to Asia

Investment Roadshow Takes $17bn Project Portfolio to Asia

A government roadshow is winding up a visit to China, South Korea and Japan this week, where it is seeking private investment for infrastructure and transport projects worth a total of $17 billion. The portfolio of investments includes Lines 3 and 4 of the Lima Metro system, water treatment plants, […]

Government Assigns $240 mn For Reconstruction in Northern Peru

Government Assigns $240 mn For Reconstruction in Northern Peru

The Government is assigning an initial 800 million soles (approx. $240mn) to northern Peru, where torrential rains continue to cause heavy damage to homes, farmland and overall infrastructure. Cabinet chief Fernando Zavala made the announcement following an emergency cabinet meeting in Piura and visits to key facilities in the area […]

World Bank: $40 mn Loan for Artisanal Fishing

President Kuczynski signed a loan agreement with the World Bank on Monday for $40 million to finance the national Fishing and Aquaculture Innovation program, PNIPA. The five-year program is designed to strengthen artisanal fishing and small fisheries industries. Artisanal fishing “has a huge future in Peru,” the President said, but added […]

President Kuczynski Visits U.S.

President Kuczynski Visits U.S.

President Pedro Pablo Kuczynski traveled to the United States last night, for visits that will start Friday in New York and then continue in Washington, D.C., with a final stop to his alma mater on the weekend in Princeton, New Jersey. The President will be meeting the new U.N. secretary […]