Peru will seek investments from Singapore’s sovereign wealth firms after they indicated interest in the Latin American country’s projects, Finance Minister Miguel Castilla said.
“We’re going to meet the Singapore wealth funds in a couple of days,” Miguel Castilla said in an interview yesterday from Shanghai. “They’ve shown interest in investing in our assets and they’re looking into projects suitable for investment.”
The meetings come as the Government of Singapore Investment Corp., the city-state’s sovereign wealth fund, and Temasek Holdings Pte, its state-owned investment company, seek to expand in emerging markets including Latin America to boost returns. Full story
