Peru will focus on energy and mining in the next decade

Hans Flury, president of the Peruvian National Association of Mining, Petroleum and Energy, announced that Peru will invest $47.6 billion in the mining and energy sectors between 2010 and 2020. It is expected that the mining industry will receive $35 billion in investment during this period. Among them, the copper industry has the largest investment, mainly used to develop multiple copper mines.

In addition, the Peruvian government will invest $8.3 billion in energy exploration and development.

By 2010, Peru's domestic copper production will increase by 253%, zinc production by 19%, and gold production by 20%.

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