News
The culture of trust between the State and companies will make investments flow
According to what the president of Confiep, Alfonso García Miró, said about the fact that the private sector should support and persuade the state to close the gaps in which it is more delayed, the general manager of the company Ingenieros Civiles y Contratistas (ICCGSA), Fernando Castillo, stated that “it is necessary to make a change of culture where the public and private sector do not distrust”.
In addition, he said that “entrepreneurs (should be) more committed to the development of their country, not only to that of their companies; and the State (should be) also more committed for entrepreneurs to govern their capital in such development. As soon as there is a cultural change where more confidence is built between the parties, investments will start to flow”.
POINTS OF VIEW
In line with the results of the first 2013 Managerial Expectations Survey conducted by the newspaper El Comercio with the support of Real Time Management (RTM),the executive stated that there are coordination deficiencies in some State entities, which delay the approval of investment projects.
“There are many projects that remain a lot of time in various government entities that take a long time in the entire approval stage before the bidding process is launched, due to coordination differences in entities where someone is needed to bring order and make decision making faster”, stated in a dialog with elcomercio.pe.
In this respect, he informed that some projects could lose between 4 and 6 years in this entire process.
Source: El Comercio
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