Four projects to give electricity access to Peruvian rural populations are being implemented, supported by a global investment of 20 million soles ($5.47 million). Over 10,000 people from around 2,325 houses in the San Martin region will gain access to electricity this year, therefore improving their quality of life.
The Ministry of Housing, Construction and Sanitation invested 221.69 million soles ($60.7 million) for the construction of 7,808 'Sumaq Wasi' bioclimatic houses in the eleven regions of Peru. This housing project will benefit over 31,000 people who live in poverty or extreme poverty in the Andes, or the jungle areas.
The COVID-19 pandemic triggered a shift to remote work and education that caused the Peruvian demand for computer imports to increase by 50% in 2020. This digitalisation of activities also led 34% of companies to increase their digital transformation budget.
The Centre for Research in Global Economy and Business of the Exporters Association declared that the exports sector in Peru could create over 3 million jobs in 2021 if the health situation continues to improve. In 2020, 3.11 million jobs were created thanks to Peruvian exports, a 5.4% decrease explained by the lower productivity of companies and international demand.
Ancón Industrial Park project is drawing interest from local and international investors. This project that would demand a 750 million investment, has the potential to help the reactivation of the Peruvian economy and could create over 120,000 formal positions.
Barrick Gold will sell Lagunas Norte mine in Peru to Singapore's Boroo for a total consideration of $81 million. The Singaporean holding company plans to extend the mine's life by accessing satellite resources and adapting the infrastructure.