For a country of Peru’s size, measuring 1.2m sq km, the national railway system remains rather limited. As of 2017 the total network comprised 1939.7 km of track, which has expanded approximately 40 km in the past decade. Railways have shown a particular deficit at both the urban and provincial level; however, 2017 and 2018 have seen momentum...
The transport sector remains a vital aspect of Peru’s economic success, growing by 2.30% in 2016, and by an average of 2.26% in the first eight months of 2017, according to the National Institute of Statistics. This expansion was driven by a 3.05% increase in airport transit, a 4.26% growth in railway transport, as well as respective increases...
What are the principal contributing components behind Peru’s successful efforts to boost its international connectivity?
The transport sector remains a vital aspect of Peru’s economic success, growing by 2.30% in 2016, and by an average of 2.26% in the first eight months of 2017, according to the National Institute of Statistics. This expansion was driven by a 3.05% increase in airport transit, a 4.26% growth in railway transport, as well as respective increases of 2.11% and 0.74% for passenger and freight...
With a new administration in place, local and international players in Peru have regained optimism. As one of South America’s top performers due to its reforms and fiscal discipline, the country is benefiting from rising commodity prices and an export-oriented mining sector. In addition, 2018 brought increased public expenditure, with notable rises in the budgets for education, health, infrastructure and reconstruction.
According to the National Society of Industries ( Sociedad Nacional de Industrias, SNI), residents of Lima take some 17m trips a day via the city’s public transport system, double the figure 15 years ago. Local citizen rights group Lima Cómo Vamos reported in September 2016 that 25% of the city’s population spend over two hours a day getting...
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