An untapped business opportunity
The region of Moquegua is highly reliant upon the extractives industry – and this reliance will only increase with additional production from a new generation of mines like Anglo American’s Quellaveco. The regional government and other local stakeholders have therefore identified economic diversification as a strategic priority. Our client Anglo American has pledged to stand by Moquegua in this journey.
A comprehensive diagnosis of the regional economy identified competitive advantage in a handful of economic sectors besides mining, including high potential in aquaculture. While the region is not yet a significant player in this industry, its fertile coastal waters, climate, and established fishing culture offer natural conditions to thrive in an activity recently declared of national interest for Peru.