with the government guaranteeing
legal and tax stability, including
companies receiving their investments.
to boost foreign investment is the existence
of the Peruvian Private Investment
Promotion Agency, ProInversion, the
agency responsible for promoting and
facilitating private investment. This agency
assists investors in the prospection and
establishment stages of their projects.
ProInversion also implements processes to
promote investment in infrastructure and
public utilities projects, through public-
private partnerships, identified by national
to proposals made by investors.
ProInversion's portfolio contains
projects that contribute to improving
the connectivity and competitiveness of
Peru and, at the same time, addresses the
requirements for social infrastructure.
All of these measures are aimed at
maintaining a favorable investment
environment, which is the key growth
driver of Peru.
On the international arena, Peru
has worked to secure the most amicable
environment, by prioritizing the
development of an ideal infrastructure to
increase competitiveness and to create a
geographic space that can be integrated
to the world. The latest is the Free Trade
opening and economic integration toward
the Asia-Pacific markets, in addition to
various Bilateral Investment Agreements,
Free Trade Agreements and agreements
preventing double taxation.
In an effort to strengthen and consoli-
date Peru's image as an attractive destina-
tion for investments, it has deliberately
put in place a well-defined framework
giving sufficient comfort and equal treat-
ment to investors, regardless of national-
ity, guaranteeing them the free possession
of different currencies and the freedom to
remit abroad their investments and gains
without governmental approvals.