PERUVIAN MARKET HOLDS A LOT OF OPPORTUNITIES FOR SOUTH
AFRICAN PRODUCTS
The South African businesspeople in the mining sector have been urged
to grab the numerous and vast opportunities that currently exist in
Peru. The business delegation led by the Ambassador of South Africa to
Peru Ms Elsa Dry, visited the Peruvian Institute of Mining Engineers to
learn of the opportunities available and possible areas that be
explored in the sector.
The Director of the Institute Mr Gonzales Galindor informed the
delegation that Peru was a country with lots of opportunities in mining
and construction that South African businesses could tap into. He said
the fact that Peru’s economy was growing at such a rapid pace, and
that the country was lagging behind in terms of infrastructure
development was enough indication of the need for investment in the
country.
“Peru has experienced a steady economic growth of over 5% in the last
three years and is the third highly globalised country in South America.
Mining imports to the country have increased to the value of US$113 in
2013 from US$72, 2 in 2012,” said Mr Galindor.
He added that capital goods and construction material were high on the
requirement list of the country because of all the construction that is
happening in the country. According to Mr Galindor, Peru is one of the
lowest risk countries to do business in and its laws are also friendly
towards investors.
Ambassador Dry encouraged the South African businesspeople to utilise
the services and support available through the Embassy for them to do
business with the Peruvians.
“I hope the information acquired here can be utilised as a base for
you to establish your products in this vast market and ensure that trade
between South Africa can be increased,” she added.
Ambassador Dry together with the officials from the Department of Trade
and Industry (the dti) also met with the Ministry of Foreign Trade and
Tourism to explore other areas of possible collaborations and
engagements in as far as trade and investment is concerned between the
two countries.
The South African businesspeople in the mining sector have been urged
to grab the numerous and vast opportunities that currently exist in
Peru. The business delegation led by the Ambassador of South Africa to
Peru Ms Elsa Dry, visited the Peruvian Institute of Mining Engineers to
learn of the opportunities available and possible areas that be
explored in the sector.
The Director of the Institute Mr Gonzales Galindor informed the
delegation that Peru was a country with lots of opportunities in mining
and construction that South African businesses could tap into. He said
the fact that Peru’s economy was growing at such a rapid pace, and
that the country was lagging behind in terms of infrastructure
development was enough indication of the need for investment in the
country.
“Peru has experienced a steady economic growth of over 5% in the last
three years and is the third highly globalised country in South America.
Mining imports to the country have increased to the value of US$113 in
2013 from US$72, 2 in 2012,” said Mr Galindor.
He added that capital goods and construction material were high on the
requirement list of the country because of all the construction that is
happening in the country. According to Mr Galindor, Peru is one of the
lowest risk countries to do business in and its laws are also friendly
towards investors.
Ambassador Dry encouraged the South African businesspeople to utilise
the services and support available through the Embassy for them to do
business with the Peruvians.
“I hope the information acquired here can be utilised as a base for
you to establish your products in this vast market and ensure that trade
between South Africa can be increased,” she added.
Ambassador Dry together with the officials from the Department of Trade
and Industry (the dti) also met with the Ministry of Foreign Trade and
Tourism to explore other areas of possible collaborations and
engagements in as far as trade and investment is concerned between the
two countries.
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