The Americas Construction

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To what extent do delays in obtaining construction permits hold up housing unit delivery?

Prospects for investment in Lima’s prime office rental market are expected to continue to be positive for the next few years, with sector statistics and professional opinions both highlighting the segment’s potential. While rental rates remain lower than in most Latin American capitals, companies are scrambling to get a share of prime office space...

With a surface area of 1.29m sq km and 2414 km of coastline, Peru is the third-largest country in South America. It has a population of 28.2m, 30.2% of which is under the age of 14. While there is no official religion, the majority of Peruvians are Christian, and the Catholic Church plays an important role in the country’s culture.

Desde que el Presidente Felipe Calderón asumió la presidencia en 2006, el desarrollo de infraestructura formó parte importante de la agenda política de su gobierno. Si bien el Programa de Infraestructura Nacional (PIN) 2007-12 ha invertido $205 mil millones de 2007 a 2011, al entrar en su último año todavía queda mucho por hacer.
El rápido crecimiento económico de los últimos años ha originado un boom en el sector construcción que ha transformado el panorama urbano del Perú. Sin embargo, a pesar de la expansión de 75,2% del segmento en los últimos cinco años, se estima que el déficit de vivienda todavía requiere de una inversión de $13.500 millones en los próximos diez años para cerrar la brecha, según la Cámara de Comercio de Lima.
The closely linked construction and real estate sectors are, along with tourism and the financial services sector, the main pillars of the Bahamas' economy.

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