Peru offers excellent investment opportunities for German companies
Síguenos en:Google News
The country has shown itself to be a promising market for foreign investment, particularly in key sectors like logistics, high technology, and renewable energy.
In this favorable environment, a delegation of eight German companies visited Lima to explore potential investments in Peru. The trip was organized by the Latin American Business Association (LAV) and the Peruvian-German Chamber of Industry and Commerce.
During their stay, the German representatives met with both public and private institutions to identify business opportunities in sectors with strong growth potential in Peru, including logistics, high technology, renewable energy, manufacturing, and the food industry.
This initiative aims to boost German investment and strengthen economic cooperation between the two countries, positioning Peru as a strategic partner in key sectors for future growth.
Source: PROMPERÚ
Why invest in Peru?
Peru stands out for having one of the safest and most open investment environments in Latin America, with reduced restrictions on foreign investment across various sectors of the economy. Additionally, its macroeconomic stability, legal security, and competitive advantages make it an attractive destination for investors.
The country offers favorable conditions for foreign direct investment, and the arrival of this group of business leaders facilitates the exchange of valuable insights while reinforcing Peru's status as an appealing investment destination.
The German delegation visiting Peru recently toured the construction site at Jorge Chávez International Airport, guided by representatives from Lima Airport Partners (LAP). This infrastructure project is set to greatly enhance the country's logistics capabilities. The delegation also visited the Port of Chancay, a crucial development aimed at lowering export and import costs between South America and Asia.
High technology: A key sector for foreign investment in Peru. Source: Shutterstock
German investments in Peru
Here are some key highlights of the business relationship between Peru and Germany:
- Germany is a significant investor in Peru, ranking as the fifth-largest European investor in the country.
- From 2003 to 2024, Germany has invested USD 938 million in 50 projects in Peru, creating nearly 5,000 direct jobs.
- The primary sectors receiving German investment are logistics (57 %), food industries (15 %), and renewable energy (11 %), with Lima, Lambayeque, and Piura being the most benefited regions.
Renewable energy: A key sector for foreign investment in Peru. Source: Shutterstock