IIC’s FINPYME ExportPlus Promotes Foreign Investment in Peru

03/11/2014

FINPYME ExportPlus launches first workshop on export planning for Italian companies seeking to access Peruvian market

Turin, Italy, March 11, 2014 — The Inter-American Investment Corporation (IIC) is ramping up efforts to spur foreign investment in Peru through a training series that is helping Italian companies draw up business plans for their activities in the Andean country. The first in a four-part series of training workshops on strategic planning was held in collaboration with the Turin Chamber of Commerce in Turin, Italy.

Participating companies received training on strategic planning and business planning methodology developed by the IIC, enabling them to create an export strategy with a view to accessing the Peruvian market.

“The training series will help Italian companies identify their competitive advantage and possible strategic partners in Peru, one of the Latin American countries with the highest growth rates,” noted Antonello Bove, IIC program facilitator. “We are enthusiastic to collaborate with the Turin Chamber of Commerce in helping Italian companies develop a strategic plan for their internationalization in Peru. For the Italian companies, Latin American markets are a top priority in their internationalization growth strategy.”

A second, third, and fourth training module will be offered to participating companies later this year, capped by a business-to-business conference in Peru to promote strategic alliances between companies of both nations.

The workshop is part of the Italian Development Program and the IIC’s FINPYME ExportPlus. FINPYME ExportPlus provides training and technical support to SMEs in Latin America and the Caribbean, improving their export profile and increasing their competitiveness.

About the IIC

The IIC, a member of the Inter-American Development Bank (IDB) Group, promotes private-sector development in Latin America and the Caribbean with a focus on small and medium-sized enterprises (SMEs). We help companies streamline management processes and provide them with financing in the form of equity investments, loans, and guarantees, as well as innovative technical assistance, advisory services, and knowledge products. In 2012, the IIC approved more than 70 operations totaling some US$400 million. Since its inception in 1989, the IIC has approved approximately 800 direct loans to SMEs and financial intermediaries, for a total of US$4.8 billion. An additional US$2.8 billion has been mobilized through cofinancing and syndication agreements. For more information on IIC activities, visit www.iic.org.

Contact: Jorge Roldán

Telephone: +1 (202) 623-3948

Email: jorgero@iadb.org