The Peruvian government presented to Colombian businessmen a portfolio of 74 private investment projects of more than $790 million during Invest Day: Peru-Colombia 2022, which took place between July 7 and 8 at the Lima Convention Center, highlighted the Commission for the Promotion of Peru for Exports and Tourism (PROMPERÚ).
The Peru-Colombia Invest Day, which held 70 business meetings between Colombian investors and their Peruvian counterparts, was attended by around 100 attendees, including diplomats, institutions and business associations from both countries, as well as Colombian investment companies and Peruvian businessmen. in search of financing.
Among the Colombian investment companies, MAS Equity Partners, EWA Capital, GHL, Schrader Camargo, JVP Peralta Consultores, Precocidos de Colombia (Precolsa), Jamestown, Comercializadora Arturo Calle, BRM, Gattaca Software and Finaktiva participated.
The words of the executive president of PROMPERÚ
“This important event, which included among its activities a forum and a business conference, had the purpose of sharing with potential investors from Colombia the new investment and expansion opportunities offered by our regions, in potential and strategic sectors that promote economic recovery, such as the agro-export, tourism, diverse manufacturing, circular economy and high-tech sectors, which are growing at a fast pace in both countries,” said Amora Carbajal, executive president of PROMPERÚ.
The official also stated that Invest Day was born within the framework of the celebration of 200 years of fraternal relations with Colombia, a sister nation with which Peru not only shares history, culture and space in the American territory, but also the struggle and the efforts to overcome the challenges of the continent in favor of the social progress, sustainability and economic development of its inhabitants.
The agenda of the Invest Day Peru-Colombia
During the event, organized by MINCETUR, through PROMPERÚ, the facilities and advantages of investing in Peru were presented and the strengthening of bilateral integration was promoted through Foreign Direct Investment (FDI), which benefits economic development in two ways. way, with the creation of new jobs, the exchange of knowledge and good practices, the generation of productive chains to reach new markets, the internationalization of companies and the strengthening of the different economic sectors.
The Invest Day Peru-Colombia, which held 70 business meetings between Colombian investors and their Peruvian counterparts, was attended by around 100 attendees
The meeting ended with a meeting between Colombian investors and the Peruvian president, Pedro Castillo, a meeting that also included representatives of the Colombian Ministry of Foreign Affairs, the Colombian Embassy in Peru, the Colombian Business Council, Procolombia, ProInversión and the Association National of Entrepreneurs of Colombia.
Investments from Colombia on the rise
According to figures from fDi Markets, Colombia is the second economy in South America that invests the most in Peru, after Chile; and worldwide it occupies the seventh position after Canada, China, Spain, USA, Mexico and Chile. Likewise, in the last 5 years, 9 new investment projects of Colombian companies were registered in Peru, with a joint committed capital of $555 million, which implied the generation of 3,635 jobs.
During the last five years, the highest flow of FDI was registered in 2017, with $500 million; in 2018, it was $10.3 million, and 2019 closed with $6.7 million. Despite the effects of the pandemic, in 2021 Peru registered an increase in FDI flows from Colombia ($38.4 million).
It should be noted that, last year, 90% of Colombian investment capital was concentrated in transportation, storage and logistics, followed by the high technology sector (7.2%), tourism (2.2%), telecommunications (0.4%) and textiles ( 0.2%).
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