Oscar Manuel Mendoza Vargas. FondoEmpleo, IFC, Los Andes de Cajamarca, Recursos SAC, Cámara de Comercio y Producción de Cajamarca. Octubre-2007.

Greater investment and increased exports are producing a growth in local demand for goods and services in different regions of Peru; this demand may be met by qualifying and extending competitive local supply in a sustainable manner. 

“Systematization of support in policy making on the development of local suppliers among large purchases” is a document prepared by the “Competitive Development of Local Suppliers in Cajamarca” project, a pioneering initiative begun in 2002. It is a joint effort by different institutions financed by FONDOEMPLEO, the International Finance Corporation and Asociación Los Andes de Cajamarca, with the Commerce and Production Chamber of Cajamarca as strategic partner; it is being implemented by Swisscontact – Recursos SAC. 

Mining is driving the development of the Peruvian economy and is one of the industries responsible for the 7% growth in Peru’s GDP in 2006 and in the last decade. It is estimated that 11 of the world’s 20 largest mining companies are working in Peru, which is possibly the country with the greatest mining potential, 1 comparable only to Russia. 21,900 million dollars was invested in the sector between 1992 and 2006. 90% of this investment is decentralized away from 2 Lima and a large proportion was invested in the Peruvian highlands. In 2006 mining companies paid 45% of Peruvian government income tax revenue.