News article

Peru offers business opportunities for UK companies

This world location news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

inPERU road show, led by Peru’s Finance Minister Luis Miguel Castilla, brought together 500 British companies interested in exploring business opportunities in Peru.

The 40-member inPERU delegation was in London on 30-31 May to promote investment opportunities in Peru and increase awareness of the business potential in this growing economy.

The delegation also included Peru’s Central Bank President, Julio Velarde, Peru’s Private Investment Promotion Agency – ProInversion’s Executive Director, Javier Illescas, inPERU’s Chairman, Jose Antonio Blanco, and several senior Peruvian business leaders.

The Director of UK Trade & Investment in Peru, Owen O´Connor, said this is an exciting time for Peru/UK relations which inPERU visit will help to underpin. He also hoped to see businesses and partnerships generated as a result of the visit, particularly in developing Peru’s infrastructure projects.

Minister Castilla presented on Peru’s strong economic growth at 6% (not one year of negative growth in last decade) and impressive GDP which has tripled since 2000. Head of ProInversion, Javier Illescas, presented on the £10 billion worth of infrastructure projects planned in Peru, in particular the £3 billion Lima Metro project which is already generating UK interest.

The Rt. Hon. Hugo Swire, Minister of State at the Foreign & Commonwealth Office, met with Minister Castilla and spoke at the Seminar “Peru: A unique investment opportunity in emerging markets”, organised by inPERU. He outlined the importance of the UK/Peru relationship while highlighting the key platforms and initiatives to cement this relationship still further.

UK Trade & Investment (UKTI)

If you represent a British company interested in learning more about business opportunities in Peru, or you represent a Peruvian company seeking British equipment and services, contact the UKTI team at the British Embassy in Peru at UKTI.lima@fco.gov.uk