Construction in Peru – Key Trends and Opportunities to 2018

Date: 2015-09

The Peruvian construction industry registered a compound annual growth rate (CAGR) of 13.90% during the review period (2009–2013), driven by a free trade agreement with the US and significant levels of foreign investment in mining and energy, offices and retail. In April 2012, the government passed the Law of Prior Consultation, which allows a right of opinion on development projects by indigenous communities. The law aims to alleviate social conflicts arising out of project implementation. The industry is expected to grow at a CAGR of 8.80% over the forecast period (2014–2018), backed by substantial investments in road and social infrastructure.

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