• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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What specific steps are needed to develop geothermal energy in Arequipa?

 

Arequipa is a key mining region in southern Peru, topping national production in copper and molybdenum in 2016, largely as a result of the recent expansion of operations at the Cerro Verde mine. According to the Ministry of Energy and Mines ( Ministerio de Energía y Minas, MINEM), as of January 2017, Arequipa had a mining investment portfolio...

 

What is the most important factor to consider in maintaining export levels at a time when global demand for alpaca is decreasing?

 

To what extent does mining act as a catalyst for the development of other sectors?

 

Located in the southern Peru, the department of Arequipa – and its capital, also called Arequipa – is bordered by six other departments: Ica and Ayacucho to the north-west, Apurímac and Cusco to the north, and Puno and Moquegua to the south-east. There are seven other provinces in the Arequipa region,namely Camaná, Caravelí, Caylloma,...

 

Peru holds over 80% of the global alpaca population with Arequipa sitting at the centre of the alpaca growing and manufacturing industry. Arequipa benefits from a variety of advantages in this segment, ranging from a high concentration of alpacas, to the presence of a key set of regional alpaca manufacturing companies. While the largest share...

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