Transport
From The Report: Peru 2017
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The transport sector will remain a vital aspect of Peru’s economic success, and reducing the current infrastructure deficit is key to sustaining recent positive growth trends. In light of the 2017 flooding crisis, the Ministry of Transport and Communications is now urgently prioritising investment in transport infrastructure so as to restore the minimum conditions for the private sector to operate. This investment will, in turn, deliver an important boost to economic activity across several sectors, creating jobs in the process. To better compete internationally and accelerate the economic growth of its regions, Peru will also have to prioritise reducing its logistics costs.

This chapter features interviews with Lizardo Helfer, General Manager, Cosapi, and Félix Antelo, CEO, LATAM Airlines Peru.

Articles from this Chapter

Overview

Building for the future: Flooding in 2017 has created an impetus to invest further in transport infrastructure
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Damage caused by severe flooding in the first half of 2017 is being used as an opportunity by the government of President Pedro Pablo Kuczynski to improve infrastructure in Peru. The government has unveiled a three-year, $9bn plan known as Reconstruction with Change (Reconstrucción con Cambio, RCC) to rebuild infrastructure and re-energise the economy. In April 2017 Congress approved the framework for the RCC, having added several clauses, including an insistence on tighter anti-corruption…

Interview

Without delay: Lizardo Helfer, General Manager, Cosapi, on encouraging private investment flows
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Interview: Lizardo Helfer In what ways should the public-private partnership (PPP) structure be improved to encourage more private sector investments? LIZARDO HELFER: Peru needs multiple infrastructure projects, and PPPs are a way for the public and the private sector to establish which projects to prioritise. The private sector is very keen to take part in these sorts of associations. In fact, the vast majority of the major construction companies have partnered with the government in recent years…

Interview

Innovation takes flight: Félix Antelo, CEO, LATAM Airlines Peru, on industry advances
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Interview: Félix Antelo As the Peruvian market becomes more competitive for airlines, what role does innovation play? FELIX ANTELO: Peru has the most competitive airline market in South America; there are six main players for a market of 11m passengers. This contrasts with other countries in the region. For instance Argentina and Chile have two players, Brazil has four for a market of 60m passengers, and Colombia has three airlines for a market twice the size of Peru’s. In light of increasing…

Analysis

Lowering transport costs could help unlock economic potential: Development incentive
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According to the National Society of Industries ( Sociedad Nacional de Industrias, SNI), residents of Lima take some 17m trips a day via the city’s public transport system, double the figure 15 years ago. Local citizen rights group Lima Cómo Vamos reported in September 2016 that 25% of the city’s population spend over two hours a day getting to their destination, while nearly half say that public transport is the biggest problem in the capital. Only the residents of Colombia’s notoriously…