The Peruvian Embassy, in collaboration with the Commission for the Promotion of Peru for Export and Tourism (Promperú) and the Agency for the Promotion of Private Investment (PROINVERSIÓN), has conducted a prominent series of business meetings in the Spanish cities of Madrid, Seville, and Barcelona. The primary goal of this initiative is to promote investment opportunities in strategic sectors of the South American country, such as renewable and low-emission energies, as well as infrastructure and public services.
During these events, the reasons that have led Spain, alongside Canada, to become one of the main investors in Peru over the past two decades were highlighted, reaching a capital flow exceeding 16 billion dollars. This significant investor interest is largely due to the economic stability and remarkable growth of the Andean country within the Latin American context, positioning Peru as an attractive destination for foreign direct investment.
The country is recognized for its economic resilience, vast biodiversity, and maintaining the lowest public debt in the region. Additionally, it leads in the Latin American competitiveness index for the period 2024-2025. The stability of its legal framework, which promotes business freedom, and its prudent fiscal and monetary policies, guaranteed by an autonomous Central Bank, consolidate a low-risk environment for investors.
Since 2003, Peru has been a preferred destination for foreign investment, ranking fourth in this flow in Latin America, after Brazil, Chile, and Argentina. Foreign investments have injected more than 119 billion dollars into various sectors, excelling in renewable energies, an area in which Peru is the third country in the region, with 48 projects and an investment of more than 8 billion dollars focused mainly on solar and hydroelectric energy.
In particular, more than 600 Spanish companies of various sizes have established operations in Peru, including major entities from the IBEX 35 like Acciona, BBVA, and Telefónica. These corporations have been fundamental in generating employment and economic growth in Peru, creating about 1.3 million jobs and contributing 40 billion dollars to the country’s GDP over the last three decades.
During the sessions in Spain, businesspeople from various sectors gathered to discuss these promising investment opportunities. In Madrid, the event was inaugurated by the First Vice President of CEOE, Miguel Garrido, alongside the President of CONFIEP, Alfonso Bustamante, and the Ambassador of Peru in Spain, Luis Ibérico. In Seville, the General Consul of Peru, Rosario Botton, and Fernando Ferrero from TRADE Andalucía conducted the opening of the sessions.
Participants included companies such as IGNIS, Cuatrecasas, and Ferrovial, which were involved in workshops and bilateral meetings focused on the development of the renewable energy sector in Peru. Special emphasis was placed on the production of low-emission hydrogen in the southern part of the country, an area that represents a promising future investment opportunity.
These meetings reflect Peru’s ongoing commitment to attracting investments that boost its sustainable growth, consolidating its reputation as an attractive and secure destination for international investors.