Find out about the latest business opportunities in Peru. Browse the latest infrastructure projects below and get your competitive edge now!
Cusco continues to grow as one of the most popular destinations in Latin America making it vital to build a new airport. The Cusco Chinero Airport will be built in the Chinchero suburb with an investment of roughly USD $658 million. It will be ready by 2020 and will replace the current airport in Cusco.
Many of the poorest residents in Peru still do not have electricity. The National Photovoltaic Household Electrification Program will provide two million people with electricity. This project will combine energy sources from solar to hydroelectric and will cost $3 billion. This will allow 95 percent of the country to have electricity.
The new natural gas pipeline is to be roughly 600 miles long. This will service much of Southern Peru, the interior jungle regions in Central Peru down to the South. This will cost up to $7 billion to complete the project.
Subway in Lima
The new subway in Lima will connect Callao to Lima and help reduce traffic. The target completion date is year 2019 and it will transport 660,000 people a day. The estimated investment required to complete the project is $5.7 billion.
There are many new highway proposals looking to connect Peruvian ports to corresponding ports in Brasil. These projects are seeking up to $2.6 billion to complete. This would help transportation from both the Atlantic and Pacific oceans as well as improve relations between neighbouring countries.
The medical infrastructure is also undergoing significant expansion. In 2012, the Peruvian government announced they would be building 18 new hospitals. Six of these hospitals will be in Lima to help ease overcrowding. The remaining will be in smaller cities and remote regions of the Amazon.