While there are disagreements regarding the short-term economic forecast for industry, the consensus for 2018 is considerably more upbeat. By that time, reconstruction and other infrastructure projects should be well under way, delivering the positive shock that the domestic economy, and the sector, urgently requires. In addition, the retail sector in Peru has been the second-fastest-growing...
Peru Industry
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Chapter | Industry & Retail from The Report: Peru 2017
Over the last two decades Peru has been one of the fastest-growing economies in the region. Remarkably resilient to global headwinds, positive GDP growth has continued despite the end of the commodities boom. Yet the growth rate has slowed and the initial impetus of a first wave of structural reforms has faded. The question now is whether the current administration can address problems, implement further reforms and re-accelerate the economy.
Un reciente contrato de préstamo con el Banco Mundial, dirigido al desarrollo de la industria pesquera, va a suponer un mayor estímulo para innovar y fomentar el espíritu empresarial de toda la economía peruana.
Impulsadas por un sostenido incremento de los precios de los metales por primera vez en tres años, las inversiones en el sector minero han visto un incremento en el actual ejercicio hasta septiembre, con un particular énfasis en el oro.
Articles & Analysis | Peru steel firms seek profit in competitive climate from The Report: Peru 2016
In recent years Peru’s steel production has remained steady, at some 1.1m tonnes annually. With the development of major mining and infrastructure projects, the country imports about half of its total steel consumption. Around 70% of the demand is for long steel products, of which 60% has traditionally been supplied by local producers. For...
Articles & Analysis | Peru government initiatives to diversify local industry from The Report: Peru 2016
Traditional exports, principally metals, have helped make Peru one of the fastest growing Latin American economies over the last decade. However, falling commodities prices have taken their toll on export revenues and GDP growth. The focus of the Ministry of Production (PRODUCE) in recent years has, therefore, been on diversifying the Peruvian...