UK commits US$1.2 billion for funding development projects in Peru

(Andina, Lima, 4 March 2017) The United Kingdom will provide US$1.2 billion to Peru to finance infrastructure projects in favor of development, British Ambassador to Lima Anwar Choudhury announced on Friday. Resources will be provided by UK Export Finance (UKEF), the bloc's export credit agency, to finance exports of UK products and services in infrastructure, energy and sanitation sectors, among others. In addition, UKEF will provide an additional US$200 million in funding for the development of projects carried out in cooperation with the Development Bank of Latin America (CAF).