Transport
From The Report: Peru 2018
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The transport sector remains a vital aspect of Peru’s economic success, growing by 2.30% in 2016, and by an average of 2.26% in the first eight months of 2017, according to the National Institute of Statistics. This expansion was driven by a 3.05% increase in airport transit, a 4.26% growth in railway transport, as well as respective increases of 2.11% and 0.74% for passenger and freight ground transport. To better compete internationally and accelerate the economic growth of its regions, Peru will have to prioritise reducing its logistics costs. Road transportation remains the area with the greatest future challenges as well as investment potential. That being said, significant upgrades in infrastructure, both at the urban and provincial levels, appear set to take place in the next few years. This chapter features an interview with Javier Lancha de Micheo, CEO, APM Terminals Callao.

 

 

Articles from this Chapter

Overview

Getting connected: Improving transport infrastructure remains a key priority
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The transport sector remains a vital aspect of Peru’s economic success, growing by 2.30% in 2016, and by an average of 2.26% in the first eight months of 2017, according to the National Institute of Statistics. This expansion was driven by a 3.05% increase in airport transit, a 4.26% growth in railway transport, as well as respective increases of 2.11% and 0.74% for passenger and freight ground transport. However, there remains a significant gap in infrastructure that limits its capacity. In 2016…

Interview

Efficient processes: Javier Lancha de Micheo, CEO, APM Terminals Callao, on enhancing port connectivity, innovation and the logistics chain
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Interview :Javier Lancha de Micheo What are the principal contributing components behind Peru’s successful efforts to boost its international connectivity? Javier Lancha De Micheo: There are three critical aspects behind Peru’s successful efforts to enhance its connectivity to the world. First, Peru has a rich variety of quality products to export, such as hydrocarbons and fish. Second, Peru’s numerous trade policies show the government’s support to the enhancement of the country’s…

Analysis

Right on track: New rail systems to facilitate market access and boost growth
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For a country of Peru’s size, measuring 1.2m sq km, the national railway system remains rather limited. As of 2017 the total network comprised 1939.7 km of track, which has expanded approximately 40 km in the past decade. Railways have shown a particular deficit at both the urban and provincial level; however, 2017 and 2018 have seen momentum in investment and project advancement for this segment. Indeed, in February 2018 Verónica Zambrano, the president of the Supervisory Authority for Investment…