Peru's president calls for greater social investment
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"Mining has overcome a series of challenges to transform itself throughout its history. The challenges were technical, financial and sustainability. Today, the challenge consists of how to achieve that this important economic activity develops in harmony with the social environment," he said.
To this end, the government proposed the creation of a territorial development agenda to focus on the social needs in areas with mining activity to improve and close deficits in infrastructure and identifying the productive potential of communities. This idea is the central adjustment the government is proposing in an update of the country's mining law.
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"We think we can generate a regulatory framework that is at the level of the mining with leading edge technology that is undertaken in Peru," he said.
President Vizcarra said the government would invest 100 billion soles (US$300 million) through 2030 in 52 high-impact projects under the national infrastructure plan in projects for transport, communications, agriculture, energy and hydrocarbons.