Peru is set to continue positioning itself as one of the mining capitals of the world, according to Peru Reports.
“Peru’s Ministry of Mines and Energy (MEM) estimated Monday that it will receive $20.8 billion worth of mining investments between 2018 and 2022”, you can read in this media.
As a positive consequence, these projects will allow for Peru to consolidate a relevant amount of investment that could result in more tariffs and wider employment opportunities.
“This year will see a relatively low amount of investment at just north of $2 billion US dollars because three projects are wrapping up while nine more are waiting to open up in their place. However, investments are expected to rise by $2 billion US dollars each year thereafter until 2022.”, you can read in Peru Reports, who explains that next year five more mining projects will be starting.
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