Peru Industry

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What are some of the automotive sector’s mediumto long-term expectations?

Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.

Se espera que un aumento en la inversión, sobre todo en el segmento del cobre, junto con una mayor capacidad de producción unida a la recuperación en los precios de las materias primas, sean factores que impulsen el crecimiento en el sector minero de Perú en 2019.

Se espera que la minería juegue un rol preponderante en el crecimiento económico del Perú en 2019, dado el aumento que se observa en la inversión en ese sector, particularmente en el segmento en el segmento cuprífero.

How much potential for growth do you foresee for the premium beverage market in the short to medium term?

 

Driven by the expansion of shopping malls, low prices at supermarkets and pharmacies, and a growing middle class, the retail industry grew by 4.3% in 2017 and is projected by the Lima Chamber of Commerce and the Retail Labour Union to grow by up to 6% in 2018.

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