While the fall in housing sales and some delays in large-scale infrastructure projects may be slowing construction activity in Peru, the sector is set to be spurred by a new large-scale scheme. In the Lambayeque region of northern Peru, the government is aiming to build a new city and turn it into a development model for other urban areas....
Although economic uncertainty weakened investment in the sector for most of 2015, real estate development continues to offer opportunities in Peru. Housing demand remains high, and growth rates have encouraged development of office, commercial and industrial real estate projects. “There is a lot of caution in terms of investment, caused by El...
Peru’s construction sector is experiencing a slight deceleration, falling from a few years of double-digit growth to more conservative figures in 2014 and 2015, following a reduction in public expenditure. Upcoming elections in 2016 and related government change can be expected to slow the rate of projects being allocated over the short term. However, a significant number of works in the...
En medio de un menor crecimiento del PIB debido a la caída en los precios de envíos clave para la minería y los hidrocarburos, el Perú está incrementando su enfoque en asociaciones público-privadas (APP) para reducir un prolongado déficit en inversiones de infraestructura y acelerar la economía.
Luego que el sector constructor del Perú se debilitó por la baja en los precios de los bienes básicos el año pasado, anuncios sobre lanzamientos de proyectos en los próximos meses han despertado esperanzas por un repunte en 2015.
As the country strives to resolve a pending housing deficit, the stable growth of the economy is prompting a new dynamism in the higher segments of the market. This is supporting continued sales of new homes, as well as efforts by builders and promoters to continue to satisfy demand. But challenges remain, with rising land prices encouraging a greater concentration of...
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