MEF: Fishing contributes up to 5% to economic growth in May | economy

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More confidence. After the meeting of the Council of Ministers concluded yesterday, holder Ministry of Economy and Finance (MEF), Jose Aristapointed out that

The economy would have performed well in May.

He said that there is also fishing in that way “Indeed (a performance) good (in May), contributing 0.8% to the Gross Domestic Product (GDP) in May which continued to add to the excellent performance of other sectors.”

According to the National Institute of Statistics and Informatics (INEI), the fisheries sector recorded a growth of 326% in May as the industry was able to capture enough anchovies for fishmeal and fish oil production.

“We can finish (with a growth) of 4.5% to 5%With an upward bias (in May)”, he noted.

Arista also mentioned and emphasized the mining sector Aunt Maria ProjectThis includes the relaunch of the Southern Cooper Peru Company, and last Monday, the civil works will begin, which will most likely lead to the start of operations in 2027.

Commitment. In this regard, he said, Southern Cooper is committed to continue investing in the country of Peru (Tía María).

He said in a statement The reboot of Dia Maria has created a lot of anticipation in the industry.

“For example, on Monday, we received important visits from promoters of different mines. (The people of) Galeno, when we visited Chile, told us their interest in exploiting the mine. Yesterday, (about) Michiquillay told us (the people of the South) about their interest to start exploitation as soon as possible. My tube”, he commented.

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In the south, Arista indicated that total investment will reach $10,000 million, including the Tía María (Arequipa), Michiquillay (Cajamarca) and Los Chancas (Apurímac) projects.

“We have the commitment of the promoters of Dia Maria not only to start in two or three years, but also to invest heavily in different mining deposits; in addition, to put in a new refinery, the total investment will reach $10,000 million,” he noted.

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