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Peru: National Infrastructure Plan for Competitiveness to boost sustainable growth

Photo: RR.EE:

Photo: RR.EE:

19:49 | Lima, Dec. 5.

Peru's Foreign Affairs Minister Gustavo Meza-Cuadra on Thursday highlighted the importance of the National Infrastructure Plan for Competitiveness in order to renew the South American country's infrastructure and thus promote a more sustainable, as well as equitable economic growth.

The cabinet member made these remarks during the inauguration of the 14th annual Latin American Cities Conference held in Lima.

Since 2006, the Foreign Affairs Ministry organizes the event in association with the Americas Society/Council of the Americas, institutions dedicated to promoting development opportunities in the region, through trade, market opening, and investment.

This recent edition —which was dedicated to the theme "Building the Future: Infrastructure and Growth in Peru"— was attended by Peru's Central Reserve Bank Governor Julio VelardeAS/COA Vice President Ragnhild Melzi, British Ambassador to Peru Kate Harrisson, Finance-Economy Ministry's Private Investment Promotion Policy Director-General Gabriel Daly, as well as national and international experts.

In addition to exploring the economic perspectives of Peru and Latin America, they offered their views on how to renew the country's infrastructure in order to make economic growth more sustainable and equitable.

Analysis

Within this framework, speakers and panelists analyzed the National Infrastructure Plan for Competitiveness, as well as the best practices to increase transparency in that area.


This is the first plan that has been elaborated in Peru with a view to reducing the infrastructure gap estimated at S/363.452 billion (about US$107.339 billion), with special emphasis on promoting transparency and efficiency.

The Foreign Affairs Ministry carries out an active international promotion of prioritized investment projects through the 139 missions of Peru abroad.

(END) NDP/PBQ/MVB

Published: 12/5/2019
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