Why the Peruvian economy is one of the most dynamic in the world? Among other things, the large investments that is capturing, within the framework of a model that provides clear rules. It is known that investment is a key component of gross domestic product. The most abundant, growth prospects have an economy. And among the public and private investment, the latter is by far the most important, it offers much higher potential to the public, necessarily limited by the proverbial lack of fiscal resources.
Thus, the following table, published today by the Central Bank in its Inflation Report, which shows large private projects to develop in the short term, provides a good reference about what to expect in terms of growing our economy.
Major Projects, multimillion-dollar investments (click to enlarge).
it can be seen in mining megaprojects Bambas and Toromocho, which will bring large revenues from license fees and royalties to the Apurimac and Junin, respectively, the southern Andean pipeline, which will revolutionize the energy supply of Cusco, Puno, Arequipa, Moquegua and Tacna, the pipeline extension reaching Pisco to ensure the supply of Lima and the central area, and allows the construction of petrochemical plants (one of which appears in the table), including ethane, we become producer of plastics, construction of the pipeline from Block 67, whose reserves will double oil production, the stunning Yellow Line Expressway in Lima, including a tunnel under the River Rimac, multiple power plants (hydro and thermal), several plants that will process the Bayovar phosphate, the ore dock in Callao, the new pier Paita (including two cranes porch), a stretch of the Autopista del Sol, which when completed will link with its two driveways, Lima and Sullana, the treatment plant's wastewater Taboada, at Callao, which will clean up at last the beaches of Lima, the culmination, in the segment of Puno, the Inter-Oceanic Highway South, and many other projects, which will require investments of billions of dollars. Amounts that the State would never be able to invest. Merit
economic policy, mindful of economic realities and fiscal constraints, facilitates the fundamental contribution of capital. This policy now twenty year period and, in light of the achievements we all know him and the prospects opened up with projects such as those noted, should continue.