Peru

As economic expansion continues to expose weaknesses in the country’s transport network, the government is channelling investment into renovating domestic infrastructure. The air sector in particular has been receiving much attention, as some of the country’s busiest airports face capacity constraints.

Despite the advantages of several Pacific ports allowing fast links to international markets, Peru’s logistics performance remains constricted by insufficient road development and weak links between the coast and the Andean hinterland. In addition to its high mountain ranges, the country’s large swathes of Amazon rainforest, which account for...

Improving transportation networks has become one of Peru’s top priorities. Several years of fast economic growth have laid bare persisting gaps, underscoring the need to reduce logistics costs and revamp the country’s infrastructure. Projects targeting the development of roads, ports, airports and railways are helping to improve logistics...

While the fall in housing sales and some delays in large-scale infrastructure projects may be slowing construction activity in Peru, the sector is set to be spurred by a new large-scale scheme. In the Lambayeque region of northern Peru, the government is aiming to build a new city and turn it into a development model for other urban areas....

Although slower demand affected home sales in Peru in 2014 and 2015, stakeholders are hoping that a recently approved rent-to-lease law will have a positive impact. President Ollanta Humala signed the bill into law in July 2015, and the market is anticipating the new regulation to act on three fronts: encouraging banks to raise the level of...

The construction sector has both benefitted from and sustained Peru’s macroeconomic growth, as private and public building projects together have allowed the sector to experience repeated years of expansion. Though this rhythm has seen a deceleration recently, the sector continues to be an integral part of the Peruvian economy, and will be...