Elections will not affect investment in mining exploration
Choose municipal authorities, congressmen and president in Peru would not affect investment in mineral exploration that are already agreed for the coming years, the report concludes Evolution of Investment in Mineral Exploration: Peru and Latin America 2002-2010, developed by the School of Management and Economics (Gerens).
“In the 2006 election was a sharp drop in this indicator because it presented a political arena where there were issues that created concern among investors,” said President Gerens, Armando Gallegos.
He explained that the current scenario is not the same as employers are confident that the new government will continue to set the country on the path of growth that currently carries.
“The potential problem is the social side, ie the areas affected by mining projects. This is where you have to work hard to reach agreements that benefit everyone, “he said.
He said that the main weaknesses that the country has to continue to attract more investment, and where it should be stressed, are the labor standards, social-political variables, as well as the lack of human talent in mining.
“For example, a key issue that investors are already feeling great concern is that there may not be sufficient for knowledge professionals mining projects that will begin to run in the next five years,” he said.
While this represents an opportunity for many young people just beginning their college education, could also encourage companies to bring in outside professionals to meet the market demand.
“Contrary to this scenario, Peru has advanced significantly in areas such as infrastructure and uncertainty about the Protected Natural Areas (ANP), which gives some confidence to investors,” said Gallegos.