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.
Afin chief draws up plan to close Peru's infrastructure gap
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.
Peru's development bank puts finance to work
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.
Odebrecht looks to avoid messy Peruvian divorce
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.
Panama looks to FDI attraction beyond its canal
The upgraded canal is meeting expectations in Panama, but the country is not resting on its laurels and is looking to attract FDI beyond the transshipment it is renowned for. However, as Jacopo Dettoni reports, corruption scandals are continuing to cast a cloud.
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Locations
IPAs lack influence: World Bank survey
Less than half of respondents to a World Bank survey consider investor promotion agencies relevant to their decision making, reports Jacopo Dettoni.
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Locations
Will hard Brexit leave the UK at arbitration risk?
The likelihood of the UK making a ‘hard Brexit’ from the EU seems to grow by the day. what legal recourse exists for foreign investors who came to the UK on the premise of having access to the EU single market? Jacopo Dettoni reports.
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News
Abe landslide paves way for Japanese constitutional reform
The coalition led by Shinzo Abe’s LDP party has secured a two-thirds majority in the Japanese Diet’s lower house, opening the way for new expansionary policies and the reform of Japan’s post-war pacifist constitution. Jacopo Dettoni reports.
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/ Europe
/ United Kingdom
Is Brexit stirring troubles for Northern Ireland?
Northern Ireland has been an FDI hotspot over the past decade, but is facing the prospect of the return of a physical border with Ireland to its south in the wake of the UK's Brexit referendum. Jacopo Dettoni looks into how the country is preparing for this possibility.
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/ Asia-Pacific
/ China
China searches for silver lining to international cloud expansion
Chinese companies such as Alibaba, Huawei and Tencent have emerged as major investors in cloud computing infrastructure. But they will have to overcome a technological, as well as reputational, gap to compete with their US peers, as Jacopo Dettoni reports.
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