Peru's Ministry of Foreign Trade and Tourism (Mincetur) introduced 33 hotel projects, which demand investments worth US$241 million, to 200 potential investors at the 2015 South American Hotel & Tourism Investment Conference.
Tourism Deputy Minister Maria del Carmen Reparaz said that the series of initiatives went through "filters" to meet requirements demanded by this forum. "Although these are private initiatives, they rely on Mincetur's support because these are complete plans…They count on all corresponding guarantees," she told the Andina news agency.
According to Reparaz, these investment plans only comprise high-level hotel infrastructure development. "Each project will demand an average investment worth US$7.3 million and will be executed in 15 regions,” she told.
Projects will be developed in Arequipa (3), Loreto (3), Puno (3), Ica (3), Cusco (2) and Lima (2), among others. These will also be executed in regions: Amazonas, Tumbes, Huanuco, La Libertad, Madre de Dios, Cajamarca and San Martin.