After a troubled first half of 2017, Peru is showing signs of renewed economic activity. Rebounding commodity prices are shoring up the economy, giving its president breathing space to deliver long-due reforms. Jacopo Dettoni reports. 

Reforms at Peru’s national investment promotion agency, ProInversión, are designed to make project development more efficient than in the past. Measures such as appointing high-quality consultants are already in place, as executive director Alberto Ñecco tells fDi magazine. 

Peru has to close a $160bn infrastructure deficit. National investment promotion agency ProInversión, which is tasked with turning this shortage into an opportunity for investors, has high ambitions for developing its portfolio of projects in 2018, reports Jacopo Dettoni. 

Peru should reduce its overall level of investment in public works, and engage more with private investment through PPPs and self-sustainable projects, Gonzalo Prialé, president of Peruvian infrastructure lobby association Afin, tells fDi Magazine. 

With low public debt, Peru is well placed to encourage investment into a wide-ranging infrastructure programme. Meanwhile, restructured national development bank Cofide is already increasing its activity to boost the market, as Jacopo Dettoni reports. 

Brazilian construction giant Odebrecht is disposing of its valuable portfolio of infrastructure projects in Peru in the wake of a corruption scandal that jeopardised the continuity of its interests in the whole of Latin America. Jacopo Dettoni reports.