Legal Framework
From The Report: Peru 2015
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As the commodity supercycle comes to an end and economic growth eases, the Peruvian government has introduced legal changes to promote foreign investment and stimulate growth. This chapter highlights the most important recent changes in Peru’s legal framework, including measures to expedite permits, public-private partnerships, pensions and the Work for Taxes regime.

This chapter contains an interview with Pablo Berckholtz, Managing Partner, Estudio Echecopar, a member firm of Baker & McKenzie International.

Articles from this Chapter

Overview

Legal reforms encourage more local and foreign investment
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Over the past decade, Peru has experienced annual GDP growth of approximately 6.4%. This sustained economic growth is due in part to a series of legal and economic initiatives by the government to promote investment, while fostering an environment of trust and security for investors. However, economic growth has recently slowed down, partly as a result of a decrease in foreign investment. In light of this, the focus of the Peruvian government has been to promote private investment in the country. Expediting…

Interview

Pablo Berckholtz, Managing Partner, Estudio Echecopar, a member firm of Baker & McKenzie International: Interview
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Interview: Pablo Berckholtz What regulatory changes are needed to maximise the success of public-private partnerships? PABLO BERCKHOLTZ: We need to provide investors with some kind of assurance that, once awarded, projects will work smoothly and efficiently. The fact that we have moved up in the global rankings of investor confidence has been helpful for attracting foreign direct investment (FDI), but a lot still needs to be done in order to close the country’s $90bn infrastructure gap. Regulatory…