After two years of contraction and a slow first half of 2017, the construction sector recorded much-welcomed growth at the end of the year. As a response to the political challenges and natural disasters of 2017, the government passed two milestone documents that look ahead to the coming years: an anti-corruption law and the ambitious...
Despite the challenging start to 2017 that included the resignation of President Pedro Pablo Kuczynski, as a result of the lingering corruption scandal linked to Brazilian company Odebrecht and the “Lava Jato” police investigation, the Peruvian government planned and began several social housing programmes and policies. As a result, housing is...
In 2015 the Association for the Promotion of National Infrastructure (Asociación para el Fomento de la Infraestructura Nacional, AFIN) presented the “National Infrastructure Plan 2016-25”. Prepared for AFIN by the Universidad del Pacifico, it determined Peru would require $160bn to address existing infrastructure gaps in transport, energy,...
After contracting the previous year, the construction sector is looking to grow again in 2017. Still feeling the impact of the recent downturn, the sector is only expected to register growth in the fourth quarter, following the negative effects of the coastal El Niño floods in early 2017. While causing significant damage, the floods made it...
After a challenging year in 2015, real estate investments stayed quiet during 2016. While some dynamism was shown in the industrial and retail segments, housing and office did not show the signs of recovery that were expected. Many predict a pickup to happen by the end of 2017 and throughout 2018, as housing and office are closing a cycle...
While roads represent 20% of Peru’s infrastructure shortage in terms of quantity, their quality is being questioned as well. Peru was ranked 110th in the quality of its road infrastructure by the World Economic Forum’s “Global Competitiveness Report 2016-17”, down from 102nd in 2014-15. Locally, the Association for the Promotion of National...
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