Living in Peru : your everyday companion

Consultant Agency Maximixe estimated that direct foreign investment (DFI) in Peru would reach the 12,500 million $ mark in 2009 and the 17,500 million $ mark during 2010.  This calculation was done considering the positive nature of the past APEC Summit meetings.

If it had not been for the meeting Peru would have probably seen foreign investment rise to 10,150 million $ in 2009 and 12,700 million in 2010.

 Maximixe President, Jorge Chávez said that the accomplishments achieved by Peru as host country of the APEC are great but the most outstanding achievement is its position as investment receptor because of the DFI which will roll in over the next couple of years.  

“An exact projection of the impact said position will have is difficult to calculate taking into account only the fragmented information brought forth by every foreign entrepreneur upon his or her arrival to Peru. However it is easy to do a simple simulation exercise”, he explained regarding Maximixe’s projections.

He also said that in any case what is needed is a dynamic policy which would facilitate foreign investment starting with a Public-Private Law Association rule book. These regulations would go hand in hand with the free trade policy announced by President Garcia.

News source: Andina