Peru is one of the four countries that are driving infrastructure investment in Latin America, transforming the position of the region in the global economy.
According to a report by Washington, D.C.-based consulting firm CG/LA Infrastructure, nearly 70% of the region's investment will go into Brazil, Mexico, Peru and Colombia.
Brazil leads the pack with more than $60 billion in projects; Mexico is second with $28.3 billion; Peru comes in a surprising third at $24.2 billion; and Colombia is at $23.5 billion.
The region is riding a 10 year growth spurt, with Peru's growth during this period averaging greater than 5% per year.
Sector concentration is also significant. In previous years projects tended to cluster around resource extraction, but in 2012 there is a clear transition to improving overall economic opportunity.
The clear sector leader is transportation, with over $90 billion in project opportunities - urban mass transit leads at $22 billion, followed closely by highways at $21.7 billion.
The natural gas revolution is a driving force in Latin American infrastructure, with just under $40 billion in project opportunities. Power generation is the third strongest category, at $26 billion - with nearly $16 billion in hydropower opportunities. Nearly all projects present private investment opportunities, including nearly 20 P3 projects. (Andina - South America News)