Date: 24-mar-2025 | By: Nuztrend Team
On March 24, 2025, Peru's Agriculture Minister, Angel Manero, announced a $24 billion investment in irrigation projects aimed at expanding the nation's farmland by one million hectares over the next three to seven years.
The initiative includes 22 new or stalled projects, such as the $7 billion Trasvase Marañon project, the $3.5 billion Chinecas project, and the $4 billion Pampas Verdes project, primarily structured as public-private partnerships.
Peru aims for agricultural exports to surpass mining by 2050, with last year's exports, primarily fruits, totaling $12.8 billion.
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