Moving through Lima has become increasingly difficult. Municipal authorities calculate that the average trip through the city takes 45 minutes and advances at an average speed of 17 km per hour. This is the result of urban growth, which over the years has increasingly burdened the capital’s commuters.
With economic growth outstripping existing infrastructure, Peru has committed fully to renovating transport links. Government efforts, coupled with the targeted concession of specific transport infrastructure to private operators, have channelled investment into the sector and improved connectivity. However, with economic growth exposing the...
Agriculture in Peru is a story of contrasts. The development of industrial and export-oriented agriculture, concentrated on the Peruvian coast, is leading sector growth and diversification efforts. Since 2000, industrial agriculture has grown at an annual average rate of 6.7% while non-traditional agro-exports have increased at an annual average rate of 19%, driven...
To what extent are government interventions effective at boosting productivity and competitiveness?
Fishermen in Peru are facing a second consecutive year of losses as the supply of anchovy, the sector’s prime catch, has dropped to a record low. In a climate of instability, the sector is increasing diversification efforts to reduce dependence on the delicate resource.
As Peruvian authorities continue to direct funds towards infrastructure modernisation, transport sector operators look for better roads, ports and airports to help improve logistics operations. Years of economic growth have led to new domestic and international opportunities for Peruvian firms. However, strained distribution networks, competition from informal operators...
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