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Europe is looking at Peru for investment opportunities
Posted by Jess Rapp on Oct 31, 2017 Leave a comment

Europe is looking at Peru for investment opportunities

A major Spanish business group believes Peru is on track to be the next foreign investment hub in South America. 

Delays for Lima Metro Line 2 postpone opening date to 2022
Posted by Daniel Sanchez on Sep 20, 2017 Leave a comment

Delays for Lima Metro Line 2 postpone opening date to 2022

The Line 2 of the Lima Metro has been experiencing a series of setbacks leading to a two-year delay in its opening date, now scheduled for 2022.

Region threatens strike over Peru’s new Machu Picchu airport
Posted by Colin Post on Jan 31, 2017 1 comment

Region threatens strike over Peru’s new Machu Picchu airport

Residents in Peru’s southern state of Cusco have threatened protests which could affect Machu Picchu tourism over the government’s delay in starting construction of the Chinchero airport. Peru’s government under  Full Article »

Peru scraps Southern Gas Pipeline contract in Odebrecht fallout
Posted by Colin Post on Jan 23, 2017 2 comments

Peru scraps Southern Gas Pipeline contract in Odebrecht fallout

Peru’s finance ministry has cancelled the contract to build the Southern Gas Pipeline after the consortium to build it missed a key financing deadline. The Southern Gas Pipeline consortium which  Full Article »

Violent protest in north Lima over highway tolls
Posted by Jack Dylan Cole on Jan 6, 2017 1 comment

Violent protest in north Lima over highway tolls

Protesters in Lima’s northern districts of Puente Piedra, Ancon and Santa Rosa destroyed toll booths and battled police over a proposed toll on the Panamericana Norte highway on Wednesday. Over 200  Full Article »

Peru president courts Chinese investment in first international trip
Posted by Colin Post on Sep 13, 2016 1 comment

Peru president courts Chinese investment in first international trip

Peru President Pedro Pablo Kuczynski is in China for his first official visit abroad to court investment in Peruvian mining and infrastructure projects. Kuczynski will meet with government and business  Full Article »

Peru proposes increased budget to improve services, boost economy
Posted by Jack Dylan Cole on Sep 12, 2016 Leave a comment

Peru proposes increased budget to improve services, boost economy

Peru’s government has submitted a fiscal budget for 2017 which expands spending by 4.7% to drive economic growth and improve government services. Cabinet chief Fernando Zavala presented to Congress last week a budget featuring significant spending increases in government  Full Article »

Public pressures Lima mayor to account for spending with petition
Posted by Colin Post on Sep 10, 2016 Leave a comment

Public pressures Lima mayor to account for spending with petition

Lima mayor Luis Castañeda faces a public petition to answer over 100 questions on government spending in his administration. City alderman Hernan Nuñez on Aug. 17 launched a campaign to  Full Article »

Peru investigates overspending in Lima metro expansion
Posted by Colin Post on Aug 9, 2016 Leave a comment

Peru investigates overspending in Lima metro expansion

Peru’s comptroller has issued a report detailing problems with the construction of the second line of Lima’s Metro which could cost the state $156 million. Comptroller Edgar Alarcon gave a  Full Article »

Kuczynski outlines plan for Peru in inaugural address
Posted by Colin Post on Jul 29, 2016 1 comment

Kuczynski outlines plan for Peru in inaugural address

In his first Message to the Nation, President Pedro Pablo Kuczynski promised running water, infrastructure, improved education and healthcare and more. Kuczynski was sworn as president on Thursday by congressional  Full Article »