Inversiones / Adquisiciones y Fusiones

Peru seeks UK investors for Metro construction in Lima

ProInversion Director Javier Illescas says his visit to Manchester produced fruitful discussions with transportation companies.

A group of UK companies from the railway industry showed interest in the tender of Lines 3 and 4 of the Lima Metro system, executive director of Peru’s private investment promotion agency ProInversión, Javier Illescas, said after concluding his tour in the British region.

During his visit to Manchester, Illescas met with small and medium enterprises from the waste management, software, and other infrastructure related sector in Manchester

In London he met with senior Editors from The Economist and Financial Times, as well as various railway industry publications, to promote investment opportunities in Peru within the UK.

“Our visit to the UK was a great opportunity to meet with key representatives from the railway industry and to promote the huge investment that Peru is making in our local transport system”, Illescas said.

Likewise, the executive director noted that UK companies have a deep knowledge in the sector and have been historically linked to Peru railways, 150 years ago when they build the existing railways.

“We are hoping to attract their expertise once again and to get them on board with what is going to be the biggest transformation and improvement of Peru’s transport ever”, Illescas added.

Illescas was accompanied by Jose Zarate, ProInversion’s principal advisor on Railways. They also took part in Infrarail 2014, a London based Railway Industry Show where they met with key representatives from the sector.

“The purpose of these meetings was to develop important relations with railway companies in light of the great investments that Peru is making into its railway transportation sector, in particular the Line 3 and 4 of the Lima Metro system”, Illescas noted.

The Peruvian officials also visited the Crossrail Rail Links and later they met with investors and asset managers interested in Peru. They spoke to them about the many opportunities for investment in Peru and specific infrastructure projects in the energy, transport, sanitation, among other sectors.

The attendants showed interest in the bidding process for projects and shared their views on how to facilitate the procedure in order to make investment easier and faster for UK companies.

Finally, Illescas met with the Deputy Chief Executive of the London Chamber of Commerce.

Fuente : Peru this Week