Peru Unveils $24 Billion Irrigation Project
Peru's Agriculture Minister Angel Manero announced a $24 billion investment to expand irrigation. This initiative aims to increase the country's farmland by one million hectares, marking a significant boost to agricultural productivity and economic growth in Peru.
- Country:
- Peru
In a significant move to bolster agricultural productivity, Peru's Agriculture Minister Angel Manero unveiled a comprehensive $24 billion irrigation project. The initiative is set to transform the Andean nation's agricultural landscape by adding an impressive one million hectares of farmland.
The ambitious package announced on Monday underscores the government's commitment to enhancing irrigation infrastructure, a crucial step as the nation seeks to capitalize on its agricultural potential. The expansion effort is expected to not only improve crop yields but also stimulate economic growth in rural areas.
As the government rolls out this expansive plan, stakeholders in the agriculture sector are poised to witness increased opportunities and productivity, aligning with Peru's broader goals of sustainable development and economic advancement.
(With inputs from agencies.)
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