The investment projection to be executed for the period 2022-2026 in the construction of projects miners amounts to US$6,304 million, according to data from the Ministry of Energy and Mines (Minem).
For this year, the disbursement is expected to total US$1,005 million as a consequence, among other aspects, of the rescheduling of the start of construction of Corani and Magistral, which were initially scheduled for last year.
Another factor that explains the investment expectation, according to the Minem, is the progress of the execution of the disbursement of the projects that are currently in the construction stage, such as the Toromocho Expansion, Santa María Expansion, Shouxin Expansion and San Gabriel.
The ministry has also considered the possible start of construction of the Romina and Antamina replacement projects.
It should be noted that the updated portfolio in the sector amounts to US$53,715 million, of which 86.9%, that is, US$46,657 million, will still be executed after 2026.
In this regard, the former Vice Minister of Mines Rómulo Mucho told Peru21 that if the protests and invasions of mining companies continue, there is a risk that what is projected for 2023 will not be carried out.
“There are no new projects for this year. What confidence can investors be given if these attacks are registered? ”, She questioned.
Regarding the nine projects that, according to the Con Punche Peru program, will be given support and unlocking so that they can go ahead, the former Vice Minister of Mines pointed out that there is no certainty that this will happen.
“Much will depend on how the government handles the crisis, because what is said is one thing and what is done is another. Mention has already been made many times of accompaniment, of unlocking, of new investments, and at the right time nothing is done with the works, ”he commented.
DATA
34.4% of the investment in the portfolio of mining projects, that is, US$18,494 million, is in the Cajamarca region.
ComexPerú indicated that, for the execution of the projects and so that more jobs can be generated, “it is important to reduce conflict.”
