PROINVERSIÓN PROMOTES ANCON INDUSTRIAL PARK PROJECT IN BEIJING
Beijing, October 17, 2023.- The Private Investment Promotion Agency (PROINVERSIÓN) carried out on October 16 and 17, in Beijing, China, an intense promotion activity for the Ancon Industrial Park (PIA) project, a logistics industrial megaproject that will require an estimated investment of US$ 762 million and will boost the social and economic development of North of Lima.
The promotion activities developed by the agency were supported by the Trade Commission of Peru in Beijing, China (OCEX) - PROMPERU, and were led by PROINVERSIÓN's Project Director, José Rogger Incio, who has held several working meetings with executives and representatives of Asian firms engaged in the construction business, development of industrial park projects and/or industrial and commercial development, finance, among others.
On Monday 16, PROINVERSIÓN's Project Director held meetings with executives from Powerchina International Engineering Co., Ltd.; China Road & Bridge Corporation (CRBC); Beijing Shougang International Engineering Technology Co. Ltd.; China Harbour Engineering Company Ltd.; China-Arab Council For Investment Promotion (CACIP); and Peru's Ambassador to China, Marco Vinicio Balarezo.
Zhang Hao, Deputy General Manager of the Marketing Department of Powerchina International Engineering Co., Ltd., which is in charge of the international business management of Powerchina - a group dedicated to investment and financing, planning design, engineering construction in various productive sectors - said that the company is interested in participating in the provision of services such as drinking water and energy to the PIA operator, and will continue to analyze the project in detail to evaluate possible strategic partners.
Likewise, Zhang Tonghui, Marketing manager of China Energy Engineering Group Co., Ltd., which has business in science and technology industrial parks, oil, natural gas, and new energy fields such as wind power generation, among others, commented that due to Chinese policies and regulations that require firms to invest in their core business, they will look for partners in China or internationally to further analyze the Ancon Industrial Park project.
Liu Liying, marketing manager of Beijing Shougang International Engineering Technology Co., Ltd. (BSIET), a firm that engages in engineering, construction, planning, project contracting and supervision, production services and other technical and engineering. She said that her company is interested in new investment opportunities. "We will evaluate our participation (Ancon Industrial Park) and possibly look for strategic partners. I think it is a promising project," said the BSIET executive.
FINAL DAY
The PIA's promotional activities culminated today (Tuesday, October 17) with an agenda of meetings with representatives from the Asian Infrastructure Investment Bank, China Export & Credit Insurance Corporation (SINOSURE), China Overseas Development Association (CODA) and Silk Road Fund.
The executives of the financial firm SINOSURE emphasized their interest in extending coverage to more investment projects of Chinese companies in Peru and to more sectors; they mentioned that they currently provide insurance coverage to a mining project. Dai Dan, Assistant General Manager, commented on his willingness to cooperate in promoting Peru's investment projects, including the PIA, to its more than 200,000 member companies.
At the "Peru Investment Cooperation Symposium" organized by CODA, CODA Secretary General Yiang Yun said that Peru is the second largest investment destination in Latin America and the objective is to strengthen ties, which is why this Ancon Industrial Park project is promising. Dozens of companies participated in this Symposium, among them: China Civil Engineering Construction Corporation, China Machinery Engineering Corporation, PowerChina Hebei Engineering Co. Ltd., Metallurgical Corporation of China Limited, Xinjiang Xihai Undustry Group Ltd., Concord New Energy Group Limited, Niutech Environment Technology, Hong Kong Green Garden Technology Development, among others.
During the meeting with executives of the Silk Road Fund, a Chinese state investment fund that promotes the development of the Belt and Road initiative, also known as the Silk Road Fund, Yang Jiehan, Deputy Head of the International Department, commented that the Fund is interested in continuing to grow in Latin America, with Peru, Chile and Mexico being the most attractive countries due to their economic policies. The executive added that they will analyze the investment opportunities offered by the country, especially the portfolio managed by PROINVERSIÓN.
THE PROJECT
The Private Investment Promotion Agency (PROINVERSIÓN) has been strengthening the attraction of foreign investments through Roadshows and/or participation in various international events to ensure the competition and success of international public tenders for Public-Private Partnerships (PPP) projects and Projects in Assets. This journey joins those recently carried out in Europe and Latin America with the objective of attracting global companies interested in investing in the varied portfolio of PPP and Projects in Assets Projects that the agency has been promoting.
The Ancon Industrial Park project is currently under international public bidding by PROINVERSIÓN on behalf of the Ministry of Production (PRODUCE). To date, five (5) global companies operating large industrial park projects around the world have shown interest in participating.
The Ancon Industrial Park will promote the consolidation of the productive and logistics corridor in Lima: Port of Callao, Jorge Chávez International Airport, the Industrial Park and the Port of Chancay, and will generate an integrated ecosystem in which large and medium-sized companies and SMEs can develop synergies and new industrial, commercial and technological relations.
According to MEF estimates, the project will contribute US$ 280 million in exports and will allow the territorial reorganization of North of Lima and the creation of approximately 120,000 direct and indirect jobs.
The project will be developed on 1,338 hectares of land located in the district of Ancon, owned by PRODUCE, where 715 hectares will be used for the project with the following distribution: 412.5 hectares for the Industrial and Logistics Area, 28.41 hectares for the Technology Park and Industrial Trade, 15.76 hectares for the Truck Center, 8.15 hectares for the Business Park, among other components.
Source: Press Release - PROINVERSIÓN