http://o.canada.com/business/questions-raised-as-canada-moves-to-help-peru-streamline-environmental-assessments-for-mining-projects/

"Yet Peruvian media reports indicate mining projects worth as much as $7.5 billion were in limbo at the beginning of 2013 as only 53 per cent of environmental impact assessments submitted in 2012 had worked their way through the system.

A Canadian official speaking on background said this hurts companies and communities that stand to benefit from projects, and makes it more difficult for Peru to attract foreign investment.

The Peruvian government announced last year that it was planning a new, fast-tracked environmental oversight process that included taking the process out of the mining ministry’s hands, where it was seen as being prone to corruption."