Peru launches tourism investment packages worth US$3.69 bln

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Peru’s Ministry of Foreign Trade and Tourism (Mincetur) said Thursday that tourism investment packages worth 10 billion soles (US$ 3.69 billion) have been identified in several regions and would be developed in the next five-year period.

Minister Jose Luis Silva said that about 1.1 million soles would be earmarked for new tourist projects.

Likewise, he added that roughly 8.6 million would be spent to build infrastructure to strengthen tourist development aiming to expand inclusive tourism and generate more jobs.

He stated that investments for tourist development include various projects related to transport, housing, solid waste management as well as water and sanitation.

Silva noted that such tourism investment packages are articulated investments aimed at developing tourism in the three levels of the Peruvian government (domestic, regional and local).

"We need a coordinated work with the regional and local governments to carry out said public investment combos," the minister said when meeting with the representatives of the country’s regional government.

Minister Jose Luis Silva said that about 1.1 million soles would be earmarked for new tourist projects.

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