The Peruvian construction industry is expected to expand by 4.2% in real terms in 2026, supported by rising private investments in mining projects, an increase in export activities and public investments in the country’s transport infrastructure. According to the Instituto Nacional de Estadística e Informática (INEI), Peru’s gross fixed capital formation in construction grew by 9% year-on-year (YoY) in Q4 2025, preceded by YoY growth of 6.5% in Q3 and 4.8% in Q2 2025. Moreover, Peru’s construction industry’s output in 2026 will be driven by government investments as part of its 2026 Budget. The government allocated PEN48.7 billion ($13.2 billion) for the education sector and PEN33 billion ($9 billion) for healthcare, along with an additional PEN7.7 billion ($2.1 billion) to Peru’s Transport and Communications Ministry (MTC) for the implementation of 355 projects; an increase from PEN7.4 billion ($2 billion) for 341 projects in 2025. Furthermore, the country’s mining exports amounted to PEN155.3 billion ($42.1 billion) over the first nine months of 2025, according to Peru’s National Society of Mining, Petroleum and Energy (SNMPE); an increase of 20.6% compared to the same period of 2024. However, elevated fuel prices and logistics disruptions following the US-Israel war with Iran are significantly expected to impact Peru's construction industry in the short term, primarily through inflated material costs and severe project delays.
Over the remainder of the forecast period, the Peruvian construction industry is expected to grow at an average annual growth rate of 3.6% between 2027 and 2030, supported by an increase in public spending to enhance the water infrastructure, coupled with mining, transportation and renewable energy projects. Among the recent developments, the Peruvian government is planning to invest approximately PEN11.1 billion ($3 billion) in 11 strategic water and sanitation projects for Lima and Callao between 2026 and 2030, using Public-Private Partnerships (PPPs). Of the total, seven are Drinking Water Treatment Plants (DWTPs) and the remaining four are Wastewater Treatment Plants (WWTPs), which are aimed at benefiting four million people in the regions. In December 2025, the Inter-American Development Bank (IDB) also approved a loan worth PEN1.1 billion ($307.8 million) to support the development of a project, which involves the improvement and expansion to urban wastewater treatment and stormwater drainage services in the city of Juliaca. Growth over the forecast period will also be driven by the government’s plan to start the construction of 12 new mining projects across several provinces by the end of 2026, which involves an estimated investment of PEN41.7 billion ($11.3 billion).
Over the remainder of the forecast period, the Peruvian construction industry is expected to grow at an average annual growth rate of 3.6% between 2027 and 2030, supported by an increase in public spending to enhance the water infrastructure, coupled with mining, transportation and renewable energy projects. Among the recent developments, the Peruvian government is planning to invest approximately PEN11.1 billion ($3 billion) in 11 strategic water and sanitation projects for Lima and Callao between 2026 and 2030, using Public-Private Partnerships (PPPs). Of the total, seven are Drinking Water Treatment Plants (DWTPs) and the remaining four are Wastewater Treatment Plants (WWTPs), which are aimed at benefiting four million people in the regions. In December 2025, the Inter-American Development Bank (IDB) also approved a loan worth PEN1.1 billion ($307.8 million) to support the development of a project, which involves the improvement and expansion to urban wastewater treatment and stormwater drainage services in the city of Juliaca. Growth over the forecast period will also be driven by the government’s plan to start the construction of 12 new mining projects across several provinces by the end of 2026, which involves an estimated investment of PEN41.7 billion ($11.3 billion).
The Construction in Peru - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into the Peruvian construction industry, including:
- The Peruvian 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 the Peruvian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Report Scope
This report provides a comprehensive analysis of the construction industry in Peru. It provides:
- Historical (2021-2025) and forecast (2026-2030) 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 our 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 business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
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
