I. FDI FLOWS ACCORDING TO THE CENTRAL RESERVE BANK OF PERU

The Central Reserve Bank of Peru (BCRP) reported a flow of US$ 6 861 million of foreign direct investment for 2015, lower by US$ 1 024 million to the amount obtained in 2014, mainly due to a scenario of low international prices (affecting the reinvestment of profits, principally in mining companies) and slow recovery of domestic demand.

Foreign Direct Investment Flows
Central Reserve Bank of Peru
(US$ million)

* Forecast - Inflation Report, December 2015
Source: BCRP
Prepared by ProInversión

 II. RECORD OF CAPITAL CONTRIBUTION

Foreign investment figures presented below are based on registration statements submitted by companies/investors to PROINVERSION pursuant to Legislative Decree No. 662 (Article 19). While the Decree establishes the mandatory registration of foreign investment, it does not establish a fixed deadline or penalty for those who fail to comply with such records.

The difference between the figures reported by the BCRP and those recorded by PROINVERSION can be explained by the following reasons: the BCRP prepares its foreign direct investment statistics considering, in addition to capital contributios and share capital purchases (share transfer between residents and nonresidents), reinvestment of profits (difference between profit generated and dividens paid to foreign investors in the same period) and net lending to the parent company (received minus paid loans) between the investor and its affiliate.

As of December 31, 2015, the foreign investment stock as capital contributions amounted to US$ 24,230 million.

Foreign Direct Investment Stock as Capital Contribution
(US$ million)

Source: Proinversión
Prepared by ProInversión 

Spain, the United Kingdom and the United States are the main sources of capital contributions to Peru, which account for 50% of the stock in December 2015, while the top 10 countries account for 85% of the accumulated stock.

Foreign Direct Investment Stock by Country of Origin
December 2015

Source: ProInversión  
Prepared by ProInversión

Regarding the distribution of contributions by sector of destination, 86% concentrated in mining, finance, communications, industry and energy sectors.

Foreign Direct Investment Stock by Economic Sector December 2015

Source: ProInversión 
Prepared by ProInversión

III. MAIN INVESTORS

The main investors that made capital movements, through contributions or share purchases between 2010 - 2015 periods are the following:

 

INVESTOR COUNTRY SECTOR
EMPRESA NACIONAL DE TELECOMUNICACIONES  S.A. CHILE COMMUNICATION
TELEFONICA LATINOAMERICA HOLDING, S.L. SPAIN COMMUNICATION
VOTORANTIM METAIS LTDA. BRAZIL MINING
CYPRUS CLIMAX METALS COMPANY U.S.A. MINING
THE BANK OF NOVA SCOTIA CANADA FINANCE
PERU COPPER SYNDICATE LTD. UNITED KINGDOM MINING
ODEBRECHT LATIN FINANCE S.A.R.L. LUXEMBOURG ENERGY
SN POWER HOLDING PERU PTE LTD SINGAPORE ENERGY
IC POWER HOLDINGS (KALLPA) LIMITED BERMUDA ISLAND ENERGY
HUDBAY PERU INC. CANADA MINING
ANGLO QUELLAVECO SARL LUXEMBOURG MINING

 


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