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AuthorUnited Nations Conference on Trade and Development
TitleInvestment Policy Review : Peru
Imprint Geneva, United Nations. 2000
Descript vii, 101 p. : charts, maps, tables

SUMMARY

Abstract: Since 1990, Peru has been extremely successful in attracting foreign direct investments (FDI). A state-of-art investment framework and an astute privatization programme were the fundamentals of Peru's success in attracting FDI. The Government had combined privatization of assets, such as telecommunications, mining and fisheries, with a commitment by the foreign purchaser to new investment. But now, with privatization opportunities dwindling, the question arises : how will Peru build on its success to attract investments in new areas ? The privatizations already completed should be seen not as one-off deals but as catalytic transactions with a potential to generate new FDI through the medium term. From the perspective of a long-term strategy, there is need to upgrade FDI to build industries into industrial clusters, in a system of linked suppliers and related industries. According to UNCTAD, a number of measures could contribute to diversify investment opportunities in Peru. [English only]


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