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Peru's electrical connection projects: A safe bet in a high-growth sector


Bnamericas Published: Monday, February 08, 2021
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In the last 10 years (2010 - 2019), the Peruvian economy registered one of the highest growth rates in Latin America, averaging a 4.5% expansion, according to estimates from the national statistics institute, driven by investment, consumption and external demand.
This important advance in the national economy generated, in turn, a strong increase in the demand for electricity throughout the country. As new projects emerged (in all productive sectors), and demand from households increased, investments in this sector intensified. The demand for electric power grew at an average annual rate of 6% from 2010 to 2019.
Although the national economy recorded a contraction in 2020, this year it will grow by around 10% thanks to the fiscal and monetary policies applied to contain and reverse the effects generated by the pandemic. The IMF estimates Peru s economy will grow 7.3% in 2021, the hig ....

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