PRIVATIZATION SPURS SPENDING IN PERU

Foreign investment action is heating in Peru as that country's petroleum privatization push gets under full swing. A unit of Maple Resources Corp., Dallas, has undertaken a $150 million integrated energy development project in Peru. If all goes as agreed, Maple Gas Corp. del Peru Ltd. by yearend 1995 will become the first private company to produce and sell nonassociated gas, refined products, and electricity in Peru.

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