Investment China in it Peru It has expanded over the years. In the 2001 – 2010 period, the disbursement stock of that country reached only US $ 500 million, representing about 1% of foreign direct investment (FDI) in 2009, while in 2023 it already represented 22% and accumulated US $ 27,877 millions, revealed a study of the Center for Studies on China and Asia Pacific (Cechap) of the University of the Pacific (UP).
But the investment of the Asian country not only records an increase, but also diversification. In 2023, 47% of the total participation of investments was in the mining sector, 33% in electricity generation and distribution, 10% in oil and gas, 5% in infrastructure, 4% in fishing and 2 % in finance and insurance.
Regarding the number of companies, the report refers that between 1992 and 2022 208 Chinese companies were identified operating in the Peruvian economy, of which 186 has a unique registry of taxpayers (RUC) and 22 operate with a foreign card.
“The entry of the largest number of Chinese companies to Peru is produced during the second decade of the 21st century. In the 1990s, only 14 companies entered, that tripled in the first decade of the 2000s (200-2009), registering, registering 14 companies.
In the period 2010 – 2019, 113 companies entered, that is, twice as well as registered above, while between 2020 and 2022 only the entry of 15 businesses have been identified.
“Of the 186 registered companies, 152 were active in 2022, which represents 81% of the total of Chinese companies that entered the Peruvian market until that date. On the other hand, 34 Chinese companies stopped operating in Peru – the majority of They corresponding to the fishing sector, followed by mining and construction, “reads the document.
Something that also determined the report is that 32% of Chinese companies are formally private, according to the legal framework of the Asian country. Meanwhile, more than 90% of the investment of that economy in the country corresponds to large state businesses.
“Among the main Chinese investments in Peru, the Chancay portdeveloped by COSCO Shipping Ports in association with the Peruvian company Volcan, “he said and proposed to deepen the participation of Chinese companies in public bidding processes.
A finding that is made in the document, in addition, is that between 2018 and 2022, 25 companies in the Asian country favored with 201 public works tenders were identified for an estimated value of US $ 6,467 million.
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