Peruvian agribusiness seeks to expand in Colombia due to recent change in law

At the end of December last year, the Peruvian Congress approved the new Agrarian Promotion Law, which obliges employers to pay their employees a bonus equivalent to 30% of the minimum wage salary.

RIO DE JANEIRO, BRAZIL - As the new Agrarian Promotion Law in Peru brings about changes, agro-exporters from the country have started to look to Colombia for lands to fulfill their expansion plans.

Pilar Lozano, Commercial Attaché of the Colombian Embassy in Peru, said that up to five Peruvian agro-industrial companies of various sizes are at different stages in purchasing land in the country, which they plan to use for Hass avocado cultivation, according to Gestión.pe.

“Some have already decided that they are going to invest, however, still have not determined where, as logistical conditions and land . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?