As Peruvian authorities continue to direct funds towards infrastructure modernisation, transport sector operators look for better roads, ports and airports to help improve logistics operations. Years of economic growth have led to new domestic and international opportunities for Peruvian firms. However, strained distribution networks,...
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...
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...
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
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