Doing Business in Peru - Hosted by US Commercial Service

Description

Peru has been one of the fastest-growing Latin American economies since 2002 and is known for its prudent fiscal policies. Structural reforms and sound macroeconomic policies created high growth, low inflation, and reduced poverty.

Learn about several high prospect sectors, associated opportunities, reasons to consider doing business in the country, and the U.S. Government resources available to support your company in the market.

• Peru has an infrastructure gap of approximately $160 billion USD and has taken recent steps to address these critical needs.
• Peru’s mining industry has been an essential component of the country’s economic development, accounting for 10 percent of Peru’s gross domestic product.
• The Strategic Plan for the Peruvian National Police 2020-2024 states that the GOP will spend over $117 million in the next four years on police equipment.
• There has been an increased demand for fabrics and yarns, high dependence on imported supplies (dyes, buttons, closures, and others), equipment, and machinery.