Peru’s construction industry is now expected to grow by 16.9% in 2021 (a significant adjustment to the publisher's previous 10.9% growth projection), although most of the growth in the industry for the year is explained by base effects. The latest data from the National Institute of Statistics and Informatics (INEI) showed that Peru’s construction output rose at a sharper rate in Q1 2021 despite the ongoing pandemic and political uncertainty. According to the INEI, the higher execution of public works helped construction activity to rise at a year-on-year (Y-o-Y) rate of 40.6% in the first quarter, up from a Y-o-Y increase of 19% in Q4 2020. This brought output closer to its pre-pandemic (Q4 2019) levels and is expected to provide a strong carryover into the Q2 2021 figure. Most construction works in the country were suspended from March 2020 until the end of June, except for essential activities, which would help explain the jump in activity in the first half of 2021.
The construction industry in Peru has been recovering since early July 2020, when restrictions on works were lifted and public and private works were reactivated. Growth over the forecast period is anticipated to be supported by ongoing improvement in the housing market and the continued construction of large infrastructure and mining projects such as the Lima and Callao Metro Line 2, the Jorge Chávez Airport Expansion, the Chancay Port Terminal, the Mina Justa copper project, and the expansion of Toromocho. Public investment is expected to be boosted by the greater execution of reconstruction works in the north of the country, as well as projects under the National Plan of Infrastructure for Competitiveness (PNIC), which started in July 2019, and Special Public Investment Projects.
This report provides detailed market analysis, information and insights into Peru’s construction industry, including:
Scope
This report provides a comprehensive analysis of the construction industry in Peru. It provides -
Reasons to Buy
The construction industry in Peru has been recovering since early July 2020, when restrictions on works were lifted and public and private works were reactivated. Growth over the forecast period is anticipated to be supported by ongoing improvement in the housing market and the continued construction of large infrastructure and mining projects such as the Lima and Callao Metro Line 2, the Jorge Chávez Airport Expansion, the Chancay Port Terminal, the Mina Justa copper project, and the expansion of Toromocho. Public investment is expected to be boosted by the greater execution of reconstruction works in the north of the country, as well as projects under the National Plan of Infrastructure for Competitiveness (PNIC), which started in July 2019, and Special Public Investment Projects.
This report provides detailed market analysis, information and insights into Peru’s construction industry, including:
- Peru’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Peru’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Peru. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Peru, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using the publisher's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
