Peruvian President Pedro Pablo Kuczynski said the visit he is about to pay to China, as part of his first official trip since he took office, is intended to strengthen the bilateral relations and attract investment to the country.
China is the largest country in the world in terms of population, a very important investor to Peru, and the largest importer of Peruvian products.
“I also want to extend an invitation to President Xi Jinping to attend APEC in Peru —scheduled for November. These are the main reasons for my trip to China,” he said in an interview.
The Head of State expects his trip can prove the strong relations between Peru and China, and attract further Chinese investment to Peru, for instance, capital to fund railway projects.
“Nowadays, China is the largest train manufacturer in the globe. It has built trains connecting Tibet. We can see more modest ambitions here, but we are interested in various railroads running from the Andes to the Coast, along the Amazon,” he added.
The Peruvian leader highlighted that Lima’s commuter train —an important work in the metropolitan area— is expected to be completed in 15 or 20 years. “We have to start planning now where we are going to be in 20 years,” he stated.
However, he estimated Chinese investment in Peru will focus on infrastructure and mining, but it might encompass other areas like technology, communications and telephone service.
“We are going to meet Huawei officials while in Beijing and Shanghai,” he pointed out.
He recalled that Chinese investment is mainly concentrated in mining deposits like Toromocho (Junin), operated by Chinalco, and Las Bambas (Apurimac), operated by China Minmetals MMG.
“But investment is still rising; it has not ended yet, and other stages are set to come,” he added.
Andina - Agencia Peruana de Noticias
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