📋 Tender Overview
* To generate economic resources that finance investments in basic infrastructure in different locations where mining activity is carried out.The economic and social impact that the implementation of the copper projects of the 2025 Mining Investment Project Portfolio will generate in our country will be of vital importance for the sustainability of the mining industry in Peru and, at the same time, will allow financing investments in basic infrastructure in the towns where mining activity is carried out.
This was highlighted by the General Directorate of Mining Promotion and Sustainability (DGPSM) of the Ministry of Energy and Mines (MINEM) during the presentation The economic and social impact of copper projects for the sustainability of the mining industry in Peru, held at the 37th Perumin Mining Convention, in Arequipa.
According to the analysis presented, for every US$ 10 million invested in copper-related projects, an additional US$ 7,168 million are generated in the metallic mining GDP, which represents an estimated increase of US$ 4.81 million in tax collection after five years.
In that sense, the execution of the 37 copper projects included in the 2025 portfolio would have an impact on the real metal mining GDP of US$ 43,673 million, an increase in tax collection of US$ 24,941 million in five years.
Additionally, it would lead to an increase in resource transfers for the departments in the order of US$8.53 billion after five years, which is equivalent to 3.31 times compared to what was received in 2024.
The execution of the 2025 investment project portfolio would increase the mining-metallic GDP by 23.4%, tax collection by 4.25 times and transfers to departments by 3.31 times; all of this in relation to the values of the year 2024, said the DGPSM specialists.
Likewise, the projection of copper production in the regions towards 2032 was reported. According to the study, with the implementation of 15 investment projects, annual production in the northern part of the country would increase by 330 thousand fine metric tons (FMT) annually, those in the center would contribute 75 thousand FMT and those in the south 568 thousand FMT of copper.
The main conclusion of the study is that the copper projects contemplated in the 2025 portfolio will have a determining effect on the economic and social growth of the country, as they will generate resources that will allow subnational governments to execute more and better works for the benefit of their populations.
