Argentine companies invest over US$ 2 billion in Peru

A total of fifteen Argentine companies established and operating in Peru have so far invested more than $2 billion in the country, Argentina’s ambassador to Peru, Dario Alessandro, said today.

"This is a significant investment in Peru and we are optimistic that this amount will increase significantly in the short term, but everything depends on the negotiations conducted between the business sectors of both countries", he said.

Alessandro said that the interest of Argentine businessmen in investing in Peru has greatly increased in recent years because of the good economic situation the country is going through.

Representatives from forty Argentine companies are currently participating in the seminar "Trade and Business Opportunities between Argentina and Peru" which has been organized by the Argentine Embassy and the Lima Chamber of Commerce (CCL).

"This is the most important and largest multisectoral business mission visiting Peru. This delegation plans to hold more than 400 meetings with their Peruvian counterparts", Alessandro noted.

He mentioned that most companies attending this seminar operate in the wine, food, cosmetics, legal advice and software industry.

News source: ANDINA