Highlights
At the time of the IPR, Peru had been extremely successful in attracting foreign direct investment (FDI), although this was to some extent linked to its privatization programme. The challenge Peru faced was to build on its success to attract investments in new areas. The IPR recommended the following measures:
- Fine-tuning the investment framework.
- Strengthening investment promotion.
- Strengthening Peru´s competitiveness and broadenening FDI.
- Encouraging regional cooperation.
Follow-up activities
Following the publication of the IPR, UNCTAD has provided assistance in the following ways:
It developed an investment targeting strategy to increase the capacity of regional governments to attract strategic foreign investors at the regional level (with funding from the Government of Switzerland).
It has implemented an Investment Gateway (IG) tool and a capacity building programme in investment promotion and targeting (with funding from the Government of Switzerland).
It organized a training workshop on investment promotion for Peruvian diplomats posted in Europe .
It is currently assisting the government to develop investment promotion tools and conduct an investment promotion event in one pilot sector; provide for the branding of investment opportunities in Peru ; and the promotion of selected projects. The project will also document and explain the methodology applied to make it available to the Andean secretariat for use by its member countries upon request. This project is funded by the Government of Spain.
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