The Ministry of Production (PRODUCE), the Ministry of Labor and Employment Promotion (MTPE), and the National Superintendency of Labor Inspection (SUNAFIL) announced on April 7 the start of a coordinated strategy to support the formalization and growth of micro and small enterprises (MYPE) in Peru as part of the National Strategy for Labor Formalization 2026–2040.
This initiative aims to address informal employment by strengthening state coordination to create a favorable environment for business development. During their first working meeting, Vice Minister for MYPE and Industry Juan Carlos Requejo Alemán, Vice Minister of Labor Yolanda Erazo Flores, and National Superintendent Edgar Alfonso Vallejos Florián agreed on the need for integrated action. The officials said it is necessary “to strengthen coordinated state action to consolidate a favorable environment for business development through closing gaps in informality.”
As part of their agreements, they decided to advance integrated interventions with a preventive approach. These efforts will include orientation services for formalization, technical assistance, training programs, and improved access to financing targeted at MYPEs across Peru. The goal is to improve productivity and competitiveness nationwide.
The participants also highlighted that aligning services among involved entities would increase impact at local levels by supporting productive units as they transition toward formality in the market. “With this initiative, PRODUCE reaffirms its commitment to drive productive development in the country by promoting a more competitive, formal, and sustainable business ecosystem where economic growth translates into more opportunities and decent employment for all Peruvians,” PRODUCE said.
According to the official website, the Ministry of Production serves producers, entrepreneurs and communities throughout Peru. It acts as the governing body responsible for national policies in fishing, aquaculture, micro-, small- and medium-sized enterprises, focusing on sustainable development initiatives. The ministry issues regulations aimed at strengthening sustainability within these sectors while providing technical assistance programs designed specifically for producers’ needs.
In addition,the ministry promotes social inclusion by improving living conditions among fishermen through harmonious development projects.Its headquarters are located in San Isidro, Lima along with centers dedicated toward business advancement.It operates under ministerial guidance.The organization has earned international recognition from OECD due its efforts supporting sustainable fisheries.
