Cepri Telecom, Peru’s telecommunications privatization committee, auctioned two fixed wireless access licenses to Telefónica del Perú and Millicom Perú. Telefónica paid $9.7 million and MIC Peru paid $9.85 million at […]
Category: Peru
Peru’s Moment of Truth
Whoever wins the presidential election, international investors want to see Peru’s new leader stabilize the country’s finances. Even the faintest whiff of populism would discourage foreign investment.
Camisea Gets Halfway There
Peru has sold the exploration rights to its gargantuan natural gas deposit but must still find an operator willing to move the fuel.
Excuses and Broken Promises
Latin America has received substantial capital inflows over the last 20 years, but has failed to achieve sustained growth and development. Pedro-Pablo Kuczynski, the former Peruvian minister for energy and mines, now managing partner at Latin American Enterprise Fund Managers, a private equity firm based in Miami, argues that more investment, plus a deeper commitment on the part of governments are needed to make the region prosper.
Blazing the Trail
Two US power companies find that gaining a controlling interest in Peruvian utility means setting a precedent and contending with local investors.
A Difficult Climb
Peru still faces an uphill struggle, despite its top performing economy, reports David Swafford.
Digging for Growth
A potential mining boom helps Peruvians surmount pessimism over foreign multinationals’ withdrawal from the multi-billion dollar Camisea project.
Merge or Die
Grupo NBK’s Omar Goyenechea explains the ins and outs of the consolidation process sweeping through Peru’s banking system.
Peace Paves the Way
After more than 50 years of conflict, Ecuador and Peru seek common ground in trade and development.
In their own words. (Raimundo Morales)
Raimundo Morales, Banco de Credito Raimundo Morales is an 18-year veteran of Banco de Credito del Peru, having joined the bank after 10 years at Wells Fargo. Under his direction […]
