Covering two-thirds of Peru, the Amazon inspires travellers with its immense biodiversity and protected natural reserves, features that secured its inclusion among the New7Wonders of Nature in 2011. Such global distinction is a catalyst for tourism, and in this regard Peru is well placed to benefit. As such, Iquitos, the capital city of the...
Though Peruvian pharmaceuticals still lag far behind regional leaders such as Brazil and Argentina, many opportunities exist as demand for medicine continues to rise. Factors driving this potential include increased purchasing power, improved access to health care and government initiatives to stock up on generic medicines. However, the...
Since it was privatised almost 20 years ago, Peru’s telecommunications industry has grown by leaps and bounds. Fuelled by private investment and broad economic growth, the Andean nation has been transformed from a country limited by its technological readiness to one on the road to economic development and modernity, in part thanks to the...
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...
Local cement consumption grew by 15.76% in 2012 and continued rising in the first half of 2013, at monthly rates of 3-24%. Dante Carhuavilca, chief of economic and social studies at the National Society of Industries, told OBG, “Cement production will continue to be propelled by growing demand, in infrastructure, roads, public works in general,...
The information technology (IT) market in Peru, like that of telecoms, has grown considerably over the past decade thanks to a fairly developed IT services and hardware market. Peru also has a budding software market and a growing reputation as an outsourcing destination. Moreover, whereas government policy with respect to the development of the...
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