Taking advantage of the advantages that the operation of the Chancay megaport will offer since November.
Peruvian President Dina Boluarte, who is on a tour of China, invited the electric vehicle firm BYD to install an assembly plant in an industrial zone that she is preparing on the country's coast, the Government said on Wednesday.
Boluarte visited the BYD plant in the city of Shenzhen and met with the company's president, Wang Chuanfu, as part of his visit to China, which will include a meeting with President Xi Jinping, the Government stated.
The Peruvian president called on the BYD firm to invest in the country taking advantage of the advantages that will be offered by the operation since November of the Chancay megaport, currently being built by the Chinese Cosco Shipping Ports, she noted.
Boluarte said that with the investment in an assembly plant, BYD would take advantage of the advantages offered by the operation since November of the Peruvian megaport Chancay, which is being built by the Chinese Cosco Shipping Ports and which will allow faster trade between Asia and South America.
"We are going to build an industrial park, either in Chancay or Arequipa. In one of these places this vehicle assembly industry could be installed," said Boluarte. "Instead of bringing copper and lithium from Peru to China, go to Peru to build its assembly industry."
China, which has become the largest investor in the country in recent years, is the first market for copper from Peru, the world's third largest producer of the red metal.
Peru also reported that it is also interested in signing an agreement with China to replace public transportation with electric vehicles in the next three or four years.
"We are promoting zero tariffs so that we can encourage more companies to want to invest in Peru. From the government we guarantee a democratic country, with legal security, and that what is agreed upon is respected," said Boluarte.
Peru and China have a Free Trade Agreement (FTA) with China, which they signed in 2009 and which has allowed the South American nation to boost its exports.
