Peru

With significant investment in urban rail systems, attention is steadily moving to the need to consolidate and enlarge Peru’s intercity railway network. Highways are being expanded, but the rising number of vehicles on Peruvian roads and high logistics costs underline the need for an improved railway system to help distribute cargo. Transport operators are calling for...

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 current limitations of Peru’s...

Capitalising on their strategic position on South America’s Pacific coast, Peruvian ports have consistently played an important role in the country’s economy. Essential to connect mining exports with international markets, ports have seen their participation in international commerce expand as economic growth has raised the level of exchanges over the past decade....

While the country’s economy has long been dominated by the mining sector, less attention has been paid to other sectors. However, as commodity prices have fallen, dragging mining output down with them, Peru will have to lean more heavily on manufacturing to drive future growth. This new reality presents both challenges and opportunities. Peruvian manufacturing benefits...