With the Peruvian government intent on diversifying the economy away from mineral resources, the tourism sector is slowly becoming a strategic economic contributor. The sector has experienced unprecedented development in the past decade. According to the Ministry of Foreign Trade and Tourism in 2013 international arrivals increased 11% to 3.16m, a growth rate above the regional (5.1%) and...
Interviews & Viewpoints | José Gallardo Ku, Minister of Transport and Communications: Interview from The Report: Peru 2015
The inauguration of the Port of Paita illustrates a strategy to decentralise operations from El Callao. What other moves have potential in this respect?
Articles & Analysis | Port infrastructure is getting a boost from new investment from The Report: Peru 2015
Capitalising on their strategic position on South America’s Pacific coast, Peruvian ports have consistently played an important role in the country’s economy. Essential to connect mining exports with international markets, ports have seen their participation in international commerce expand as economic growth has raised the level of exchanges...
Articles & Analysis | Regulations to support distribution network efficiency from The Report: Peru 2015
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,...
Articles & Analysis | Better rail links would cut transport costs and increase ties with Brazil from The Report: Peru 2015
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...
Articles & Analysis | Lima’s metro network continues its much anticipated expansion from The Report: Peru 2015
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.