23

News & Photos at our Blog or  Register

34

Answered about Investing in Peru more+

 

Print This Page

Q&A

Where is Peru?
Peru is a country in South America, bordered to the West by the Pacific Ocean; to the East by Brazil and Bolivia; to the North by Ecuador and Colombia;and to the South by Chile.

Could you provide details on the political, social, and economic climate in Peru?

Geography
Area: ~1.3 million sq. km. (~500,000 sq. mi.), about the size of Texas, California and Oklahoma combined.
Cities: Lima. Other key cities:Arequipa, Callao, Chiclayo, Cuzco, Trujillo.
Terrain: Coastal Deserts, Andes Mountains, Amazon Jungle
Climate: Varies from tropical, to arid, to temperate.  Peru has 28 of the world's 32 climates.

People
Nationality: Peruvian
Population: ~28 million (July 2009 estimate);Greater Lima: ~9 million
Religion: 75% Catholic; 15% Other Christian; 10% indigenous beliefs
Language: Spanish (Official); other indigenous dialects
Education: Free Primary and Secondary Education; 85% literacy rate estimate in 1990
Health: Infant mortality rate:  28/1000; Life expectancy: 73.3 yrs.
Work force: Services: 75.5%; Industry: 23.8%; Agriculture: 0.7%
Government: Democratic Republic since 1821.

The U.S. has historically enjoyed very good relations with Peru

For more details:
Backgroung Note: Peru http://www.state.gov/r/pa/ei/bgn/35762.htm
Embassy of Peru in USA http://www.peruvianembassy.us/en.html

Are the management and company capable of taking an investment into profit?
Yes. Alcantara Resources Corporation's management team combines all the right ingredients to manage the corporate projects from grassroots to a major success story

Is the country stable enough for you to feel secure with your investment?
. Peru is one of only four countries, among the 42 countries south of the US border to have received an Investment Grade Rating from US rating agencies: Peru, Brazil, Mexico and Chile.
. Peru is one of the few countries in the world with a bilateral free trade agreement with the USA and with China.It is negotiating a free trade agreement with the European Union among others.
. Peru is the largest producer of silver, third in copper and fifth in gold in the world.
. In the 2010-2014 period, direct foreign investment in mining alone in Peru will reach $37 billion
Almost all major world mining companies operate in Peru.




Previous page: Financial Reports
Next page: Contact Us