DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/778a71/peru_shipping_repo) has announced the addition of the "Peru Shipping Report Q1 2011" report to their offering.
Peru's economy continues to stand out as one of the strongest performers across the emerging market sphere, and although there are some significant risks to its growth trajectory over the next 12 months, BMI believe the outlook remains one of still-sound fundamentals and massive investment potential. Although growth is unlikely to maintain the rampant pace set in the first half of 2010, our core view remains that Peru will continue along its longer-term path of developed-state convergence, providing significant opportunities for investors along the way.
This is good news for the country's port sector, as further foreign investment in infrastructure, such as that BMI have seen in Callao, will be necessary to deal with increasing traffic. BMI country risk team maintains the view that the economy will be a regional outperformer in 2010, supported in large part by robust domestic demand, which will see increasing container throughput at the country's main ports as demand for imports grows.
BMI believes that attempts to increase private investment in Peruvian ports could help them reach their potential of becoming transhipment hubs for South America's east coast, serving not only the hinterland around Lima, but also the northern ports of Chile to the south and Ecuadorian ports to the north.
The strong international interest in constructing and operating terminals at Peru's main port of Callao reflects its position as a major trade hub in the Pacific region. It is the largest port on South America's pacific coast and one of the most important container terminals in South America, offering access to Lima, as well as Chile and Ecuador. The port looks set to register stable growth in the coming years and as such BMI expects international terminal operators to continue vying for concessions there.
While BMI welcomes the participation of international terminal operators as a positive step for the Peruvian port sector, BMI stress that continued investment in infrastructure is badly needed. While the country rose 13 places in the international infrastructure ranking of the 2010 Global Competitiveness Index, published by the World Economic Forum, to 97 out of 134 countries, BMI notes that it lags behind regional peers such as Chile(23) and Mexico (71). Ositran, Peru's supervisory board for investment in public transport infrastructure, this year estimated the gap in infrastructure investment at US$14bn - US$7.4bn for roads, US$3.6bn for ports, US$2.4bn for railways and US$571m for airports.
For more information visit http://www.researchandmarkets.com/research/778a71/peru_shipping_repo.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Global Overview
- Industry Trends And Developments
- Market Overview
- Industry Forecast
- Company Profiles
Companies Mentioned:
- A.P. MLLER-MAERSK
- Mediterranean Shipping Company (MSC)
- CMA CGM
- Neptune Orient Lines (& APL)
- Hapag-Lloyd
- Evergreen Line
- China Ocean Shipping (Group) Company (COSCO)
- CSAV Shipping
- China Shipping (CSCL)
- Hanjin Shipping
- Mitsui OSK Lines (MOL)
- Nippon Yusen Kabushiki Kaisha (NYK)
For more information visit http://www.researchandmarkets.com/research/778a71/peru_shipping_repo.