Regulations of Peru

Due to the tax facilities that exist in other countries and the new Agrarian Law that would make it more expensive to continue developing this activity in Peru, agro-exporters have already begun to migrate their investments, mainly to Colombia.

Agrícola Cerro Prieto also commented that in the face of the 'threat' of candidate Pedro Castillo, for companies to pay more Income Tax (IR), the pace of investments in the country has slowed and agroindustries are analyzing other markets.

“We are going to complement Peruvian crops in other jurisdictions in order to export more products. In Colombia we have already been operating with Peruvian personnel for four years ”, Alfonso Bustamante, president of this industry, referred.

He indicated that they have 300 hectares of avocado planted and in the coming months they will increase to 1.500 hectares.

Colombia possible destination

He argued that in Colombia they are also testing blueberries and raspberries to have quality fruits that go on the market.

"There we have favorable tax conditions (0% of IR to companies in the sector) and also work because there is no rigidity of temporary hiring, which complicates us in Peru with the new Agrarian Law ", he explained.

He added that they are in negotiations to enter Mexico and Brazil. "We had been developing a project in Bagua that could replace in seasons those that we plan to do in other countries, but it has been difficult for us due to political uncertainty, so we are going to move forward with other destinations"He stressed.

New Agrarian Law

According to projections, the executive of Agrícola Cerro Prieto pointed out that they will continue to grow and expect to obtain US $ 200 million in total billing, compared to last year, which achieved US $ 138 million. However, he mentioned that his profits have been reduced due to higher costs assumed by the new Agrarian Law.

In the case of Camposol, they already have a presence in Colombia where they hope to expand their avocado production until 2025 with a yield similar to that of Peru, of around 40 thousand tons per year.

In addition, in Uruguay they also have productive mandarin lands where they have been establishing themselves.

Peruvian elections

At Complejo Agroindustrial Beta, they are evaluating setting up in other countries, but it will depend on the political situation in the country after the June 6 elections.

"We hope that the scenario will be better to continue developing our activities and many decisions will be made based on the results of who will govern the country, ”said Lionel Arce, general manager of the company.

New opportunities

He said that they are ruling out countries where other local agricultural companies have already entered. He believes that there are other more interesting opportunities in other regions of Latin America.

"We think that Peru has a lot of potential to develop, but as we go directing our need to supply products, the window of other countries is important," he said.

Arce indicated that this year they are betting on grapes, blueberries and avocados, which are growing in exports.