Units converter
Quotes on line
2015 World Crane and Transport Summit
2014 International Cranes and Transport Latin America
World of Concrete 2015

   Search News
Arab firms to invest more than US$2bn in 2011-2014, says deputy minister (Peru)
Arab firms will invest more than US$2bn in Peru during 2011-2014, with much of the investments going to the infrastructure, energy and water sectors, state news agency Andina reported.


Companies from Arab countries currently have investments worth US$1bn in the country, including Dubai-based port operator DP World's US$700mn investment in the port of Callao, Andina quoted deputy foreign trade minister Carlos Posada as saying.


The minister said that Arab firms are very interested in investing in hydro projects, ports, roads, railways, water resources as well as the tourism and service sectors. Posada noted that investors from Arab countries have significant know how about these sectors and they are also attracted by the legal security that Peru offers.

Send this publication to a friend

More news
Shakeup at Ferrobaires over February accident (Argentina)
Argentina's Buenos Aires provincial government has replaced several high-ranking officials at state-owned rail operator Ferrobaires following a rail accident in February this year. ...
Paraíba pushing to speed up PAC projects (Brazil)
Brazil's federal and Paraíba state governments are discussing projects under the country's growth acceleration plan (PAC) aimed at improving transportation logistics in the northeastern stat ...
Interoceánica Sur generating US$3bn - Ositran (Peru)
Peru's 2,500km Interoceánica Sur highway has generated economic benefits of over US$3bn for the country, according to transport regulator Ositran president Juan Carlos Zevallos. ...