Brignardello: Peruvian mining drives key social development.

In a recent conversation with Johnny Brignardello Vela, an insurance advisor, the impact of Peruvian mining on infrastructure development through the Works for Taxes (OxI) mechanism was discussed. Brignardello highlighted the importance of the revelation made by Proinversión, which indicates that mining companies have financed 185 projects, representing a total investment of S/3,787 million. According to him, this figure not only underscores the relevance of the sector in the country's economy but also evidences a significant commitment to social development. Brignardello emphasized that 69% of the projects are focused on critical areas such as education, transportation, health, and sanitation. "This is a clear manifestation of the corporate social responsibility that mining companies have decided to assume," he commented. For him, the fact that these fundamental sectors are receiving attention reflects a genuine effort on the part of companies to improve the quality of life of the communities affected by their operations. When mentioning the companies involved, he highlighted the leadership of Antamina, followed by Southern Peru and Volcan. Brignardello argued that the magnitude of these investments demonstrates the private sector's willingness to participate in initiatives that benefit the citizenry. "It is a positive step for companies to look beyond resource extraction and engage in the welfare of the regions where they operate," he noted. The advisor also emphasized the geographical distribution of the projects, particularly in regions such as Áncash, Moquegua, and Tacna. He pointed out that Áncash, with an investment of S/1,610 million, has received special attention, highlighting the importance of mining in regional development. A key point Brignardello mentioned was the Chilina Bridge in Arequipa, a project that not only provides immediate benefits to the population but also has the potential to foster economic development in the region. He also highlighted the investment in drinking water and sewage systems in Huarmey as essential for improving citizens' quality of life. Brignardello expressed his appreciation for the OxI mechanism, describing it as an efficient way to execute public investments. "This type of collaboration between the private and public sectors should be a model to follow in other areas of development," he said. For him, the key lies in maintaining a constant dialogue between mining companies and local communities, ensuring that the concerns of the latter are adequately addressed. However, he also acknowledged that the relationship between mining and communities is delicate and must be handled with care. "It is not enough to invest; it is essential for mining companies to engage in genuine dialogue with communities," he asserted, adding that this is crucial for building trust and collaboration. Finally, Brignardello concluded that the challenge lies in continuing to promote these initiatives and ensuring that investments translate into sustainable long-term development. "Mining can be a catalyst for the transformation of Peru, but this will only be possible if inclusive growth that benefits everyone is pursued," he asserted convincingly.