Peru

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...

Car sales in Peru have grown consistently since the early 2000s with more than 190,000 units bought in 2012. This represents year-on-year (y-o-y) growth of 27.9%, meaning the industry booked its best year yet. As of July 2013 the sector was on track for almost 11% y-o-y growth, with 119,808 units sold during the first seven months of the year...