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...
While the Superintendency of Banking, Insurance and Pension Funds (Superintendencia de Banca, Seguros y Administradoras de Fondos de Pensiones [AFP], SBS) has spent the past year implementing reforms aimed at increasing competition in the sector, fund managers are eager to see the second stage focusing on investment regulation.
While in the short term energy supply may be under considerable pressure due to rising demand caused by the rapidly growing economy, Peru’s wealth of natural resources bodes well for its long-term energy security, as well as the country’s potential to become a major energy exporter. With energy costs in neighbouring countries significantly...
A large unresolved housing deficit is one important factor that will continue to generate activity for both the construction and real estate sectors. While consistent economic growth has paved the way for long-term development, many Peruvians continue to live in conditions that belie the country’s wealth and which authorities are determined to...
The past year was a relatively calm one for the Lima Stock Exchange (Bolsa de Valores de Lima, BVL). Despite predictions that the exchange would see multiple new listings in 2012, there was only one initial public offering (IPO), from port operator Andino Investment Holdings (AIH). The listing took place in February, ending what Bloomberg...
In recent years mining companies from around the world have come to Peru in search of precious minerals and driven by demand for raw materials in emerging giants such as China, Brazil and India. The improved political and economic foundations that have been established following the tumultuous 1980s and 1990s have also played a key part in...
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