In 2015 the Association for the Promotion of National Infrastructure (Asociación para el Fomento de la Infraestructura Nacional, AFIN) presented the “National Infrastructure Plan 2016-25”. Prepared for AFIN by the Universidad del Pacifico, it determined Peru would require $160bn to address existing infrastructure gaps in transport, energy,...
Despite the challenging start to 2017 that included the resignation of President Pedro Pablo Kuczynski, as a result of the lingering corruption scandal linked to Brazilian company Odebrecht and the “Lava Jato” police investigation, the Peruvian government planned and began several social housing programmes and policies. As a result, housing is...
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps most remarkable about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the population. Towns and cities are seen as the crucibles of opportunity for many rural dwellers.
In 2017 Mexico saw record occupancy in real estate. Despite uncertainty surrounding the potential renegotiation of the North American Free Trade Agreement (NAFTA), import duties imposed by the US in May 2018 and the new presidential administration, the sector is expected to remain strong. Competitiveness as a manufacturing hub and job growth...
Tragedy struck in September 2017, when two earthquakes killed hundreds of people and caused billions of dollars of damage to public and private property in Mexico City and the states of Guerrero, México, Morelos, Oaxaca and Puebla. The second, 7.1-magnitude quake on September 19, damaged approximately 40,000 houses and toppled 44 buildings in...
Traditionally a barometer of a Mexico’s economic health, the construction sector saw investment slow in 2017 as a result of a dip in public spending on infrastructure works and uncertainty among private investors over the possible outcome of the renegotiation of the North American Free Trade Agreement (NAFTA). This could further push up the...
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