News Analysis: Peru, is a nation of 30+ Million people living in an area of 1.28+ Million Km2 (494,000+ Mi2). It will be spending $8.1 Billion Dollars for Energy to help Manufacturing, Mining, Mineral Processing, Petrochemical Industries as well as its General Development. As it stretches from the Pacific Ocean to the Amazon Basin edge, Energy is very important for the country’s growth.
Its wise Government Officials, lead by President Ollanta Humala Tasso, understand that Investments in Energy today bring continuous growth tomorrow in this Nation of Abundant Resources.
Peru is noted for its wide variety of Metals such as: Copper, Gold, Lead, Iron Ore, Molybdenum, Silver, Tin, and Zinc. Its other non-Agricultural/non-Fabricated Exports are Natural Gas and Crude Petroleum. Fabricated Exports are:Alloys, Chemicals, Fabricated Metal Products,
Machinery and Textiles. Fish, Fruits and Vegetables are also its Exports.
Exports for Peru totaled $47+ Billion Dollars in 2012. It had a 5% Industrial Growth Rate and a Gross Domestic Product of $370+ Billion Dollars in 2014 (Est.). Peru, which has 39th Largest Economy in the World is also rated as “Upper Middle Income” by the World Bank. It has one of the fastest growing economies in the World.
Any Investor who is looking for a place to “Park Capital” may want to consider Peru. Its Trading Partners are: Canada, Chile, China, Germany, Japan, South Korea, Spain, and the United States; it Exports to the “Big Boys”. One will find Peruvians to be both Industrious and Intelligent in Business Relationships. They make good Business Associates.
As Prosperous and Active as Peru is, many people wonder why the Mass Media largely ignore it in the ‘Financial News’; We Do Not.