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.
Displaying 1159 - 1164 of 1812
Articles & Analysis | Lima’s metro network continues its much anticipated expansion from The Report: Peru 2015
Articles & Analysis | Private investment flows into roads, air and sea ports from The Report: Peru 2015
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 current limitations of Peru’s...
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 over the past decade....
In an effort to close the transport infrastructure gap, estimated to reach $20.9bn by 2021, Peruvian authorities are implementing heavy investment plans and making extensive use of public-private partnerships. With economic growth increasingly exposing the current limitations of Peru’s transport channels, efficiency and progress are key to ensuring sustainable growth in the future. Due to 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.