March 1, 2012
The Andean region continues to draw considerable interest from the investment community, with reasonably healthy growth rates expected for this year in Colombia, Chile and Peru.
Rising star Peru has had a good run and surprised on the upside after newly elected President Ollanta Humala proved to be less radical and more market friendly than many had expected. The Ministry of Finance has GDP at close to 7% in 2011, though this year economic activity is expected to slow.
The government is embarking on its own stimulus plan as it tries to balance social needs while also encouraging the foreign investment required to maintain the pace of growth.
Meanwhile, Colombia remains a market favorit
The Andean region may see slower growth, but Colombia, Peru and Chile continue to receive considerable interest from the international investment community.