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(Construction.IndustryNews247.Com, March 21, 2018 ) Following two years of contraction, Peru's construction sector rebounded in 2017, registering growth of 1.5% in real terms; this can be attributed to the government's focus on developing the mining and manufacturing sectors. In 2016, Pedro Pablo Kuczynski was elected as president of Peru, and the new government is focusing on developing the manufacturing, mining and service sectors in order to reduce dependency on mineral ore and raw material exports.
Recovery in the country's construction industry is expected to continue over the forecast period (2018-2022), in line with the pick-up in economic growth and commodity prices.
Over the forecast period, the government's efforts to enhance transport, energy and residential infrastructure is expected to support industry growth. In September 2017, the government announced a plan to invest PEN28.0 billion (US$8.6 billion) on the development of housing, road, port, airport and dam infrastructure by 2020.
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In addition, work related to rebuilding flood-affected regions is expected to support investment in construction projects. In September 2017, the government announced plans to invest PEN26.1 billion (US$8.0 billion) to rebuild highways, roads, bridges, houses, schools, health centers, sewage systems and farms which were devastated by flooding in March 2017.
The industry's output value in real terms is expected to record a compound annual growth rate (CAGR) of 4.72% over the forecast period, up from-1.16% during the review period (2013-2017).
Publisher's Construction in Peru-Key Trends and Opportunities to 2022 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.
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This report provides a comprehensive analysis of the construction industry in Peru. It provides:
-Historical (2013-2017) and forecast (2018-2022) 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
-Identify and evaluate market opportunities using 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 Publisher's critical and actionable insight.
-Assess business risks, including cost, regulatory and competitive pressures.
-Evaluate competitive risk and success factors.
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