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The long-neglected forests of Peru are near the top of the agenda in 2016, with a package of reforms developed in cooperation with the private sector and launched in September 2015 set to give one of the country’s most promising industries momentum.

SURGING DEMAND: According to the UN’s Food and...

 

The Peruvian agriculture sector grew 1.5% in 2013 and 1.6% in 2014, according to the central bank, well below overall GDP growth of 5.8% and 2.4%, respectively. In the first six months of 2015 the sector contributed nearly 6% to GDP, and the fishing industry another 0.5%. Yet while exports have risen strongly, in the first quarter of 2015...

 

As economic expansion continues to expose weaknesses in the country’s transport network, the government is channelling investment into renovating domestic infrastructure. The air sector in particular has been receiving much attention, as some of the country’s busiest airports face capacity constraints.

 

Despite the advantages of several Pacific ports allowing fast links to international markets, Peru’s logistics performance remains constricted by insufficient road development and weak links between the coast and the Andean hinterland. In addition to its high mountain ranges, the country’s large swathes of Amazon rainforest, which account for...

 

Improving transportation networks has become one of Peru’s top priorities. Several years of fast economic growth have laid bare persisting gaps, underscoring the need to reduce logistics costs and revamp the country’s infrastructure. Projects targeting the development of roads, ports, airports and railways are helping to improve logistics...

 

The construction sector has both benefitted from and sustained Peru’s macroeconomic growth, as private and public building projects together have allowed the sector to experience repeated years of expansion. Though this rhythm has seen a deceleration recently, the sector continues to be an integral part of the Peruvian economy, and will be...

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