In an effort to close the transport infrastructure gap, estimated to reach $20.9bn by 2021, Peruvian authorities are implementing heavy investment plans and making extensive use of public-private partnerships. With economic growth increasingly exposing the current limitations of Peru’s transport channels, efficiency and progress are key to ensuring sustainable growth in the future. Due to the...
Peru Transport
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Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
Cada vez va cobrando mayor ritmo una campaña nacional por el mejoramiento de la infraestructura de transporte, debido en parte a que el gobierno peruano se encuentra a punto de otorgar concesiones para importantes proyectos en el sector.
Articles & Analysis | Rethinking Lima: Efforts are under way to reduce congestion and travel times from The Report: Peru 2014
The city of Lima is well-known for its traffic congestion and unwieldy, informal public transportation system. However, with the introduction of the Metropolitano bus rapid transit (BRT) system, a new metro line, and programmes to regulate and upgrade the taxi fleet, it is clear that leadership at both the city and national levels are intent on...
Articles & Analysis | Cutting through red tape: Greater emphasis is being placed on streamlining logistics from The Report: Peru 2014
Ranking 89th in the World Economic Forum’s 2012-13 “Global Competitiveness Report”, Peru’s infrastructure is far behind that of neighbours like Chile (45th) and Brazil (70th). This can largely be attributed to shortcomings in the transportation sector, where Peru ranks 97th in the world and for which a multibillion-dollar upgrade...
Articles & Analysis | Airport expansions and upgrades: Meeting increasing passenger and cargo traffic needs from The Report: Peru 2014
Over the past five years, airports across Peru experienced significant growth in cargo and passenger flows that are now pushing airport facilities beyond their anticipated operating capacities. According to data from the Directorate General of Civil Aviation (Dirección General de Aviación Civil, DGAC), between 2011 and 2012 international...