Peru

Although its strong linkage with macroeconomic performance might negatively impact sector growth in the near future, Peru’s IT sector has nonetheless experienced solid expansion. This growth pattern has been sustained by strong demand. Most importantly, significant investments are taking place in the infrastructure side, as a government plan...

In recent years, Peru has established itself as one of the world’s most interesting and unique tourism destinations. Much of the sector’s growth has rested on the Incan ruins of Machu Picchu, a globally recognisable historical site. But to accelerate expansion over the coming years, tourism authorities and the private sector are simultaneously...

It has attracted generations of travellers from around the world, becoming the quintessential image of Peru. The Machu Picchu ruins, high in the Andes mountain range, remain the country’s most important tourism asset. The government is implementing a plan to revamp the site in order to manage the continued growth in visitor numbers.

The Peruvian agriculture sector grew 1.5% in 2013 and 1.6% in 2014, according to the central bank, well below overall GDP growth of 5.8% and 2.4%, respectively. In the first six months of 2015 the sector contributed nearly 6% to GDP, and the fishing industry another 0.5%. Yet while exports have risen strongly, in the first quarter of 2015...

Peru is famous for its seafood, particularly ceviche, a dish based on fresh raw fish, citrus juices and chili. However, the country’s huge fishing industry is focused on the processing of anchovy into fishmeal and oils. The fish, shrimps and shellfish enjoyed by diners in Lima often come from aquaculture farms. Still small, this industry is...

The long-neglected forests of Peru are near the top of the agenda in 2016, with a package of reforms developed in cooperation with the private sector and launched in September 2015 set to give one of the country’s most promising industries momentum.

SURGING DEMAND: According to the UN’s Food and...