Matucana, Peru Matucana, Peru Matucana is a town in Central Peru, capital of the province Huarochirí in the region Lima. It's located to the East of Lima at 2,378 m (7,802 ft) above sea level, along the Central Road () at km 74. Matucana was founded in 1647 by Miguel de Castro y García, a descendant of one of Francisco Pizarro's Conquistadores. He discovered gold in the hills outside of Matucana at a site that was once a holy shrine for the Incas. Using Inca slaves to operate the mine, he became very wealthy and eventually returned to live in Lima, Peru.
Economy of Peru and political stability, but it slowed again after the government delayed privatizations and as political uncertainty increased in 2000. President Alejandro Toledo has made investment promotion a priority of his government. While Peru was previously marked by terrorism, hyperinflation, and government intervention in the economy, the Government of Peru under former President Alberto Fujimori took the steps necessary to bring those problems under control. Democratic institutions, however, and especially the judiciary, remain weak. The Government of Peru's economic stabilization and liberalization program lowered trade barriers, eliminated restrictions on capital flows, and opened the economy to foreign investment, with the result