New railway to be built as Peru and Brazil come together to increase tourism
Brazil and Peru have decided to come together in order to increase tourism in the area. The presidents of each country met and Dimla Rousseff (Brazilian President) and Ollanta Humala (Peruvian President) have come to an agreement to work together and create a working group in order to study the possibility of building a railway linking the neighbouring countries. They both feel that an increase and an improvement in Internet connectivity will augment tourism as a result of greater accessibility. Peru’s official…
Peru’s Amazonas region is now more accessible than ever
It has been reported that direct air services will be resumed at Chachapoyas airport in Peru. This will have a significant impact on the tourist arrivals, a supposed 12 percent more tourists will visit Peru’s northern Amazonas region. The resumption of these air operations will greatly boost the tourism industry announced Manual Cabañas, the Peruvian regional director of Foreign Trade and Tourism. The regional government will also come into action as they will be implementing promotional procedures in order…
China and Europe continue to invest in South America
Many of the countries sprinkled across South America are enjoying periods of growth, as natural resources and higher standards of education than before present the region as a fantastic place to invest Source: worldfinance.com Chinese investment in South America has increased dramatically over the last decade. An article in Latin Finance points out that bilateral investment between the two countries has grown by 1,400 percent, which equals about $140bn. The Chinese investment contribution is seen as highly…
The Modernisation of Peru Continues
The Modernisation of Peru Continues Bloomberg News, April 24 (Bloomberg) Something extraordinary is happening in Peru. There has been considerable improvement in the economy and in the stability of political life. And the country is experiencing strong — though still limited — progress in its social programs. But above and beyond these achievements, Peruvians are changing the painful perception they have long had of themselves and their country’s place in the world; they are altering the country’s…
Asian investment boom seen in Latin America
Selling soybeans, iron and copper ore and other commodities to Asian countries has transformed Latin America over the past decade, stabilizing economies despite worldwide crises and lifting tens of millions of people into the middle class. Now, say officials from both Asia and Latin America, a second gold rush is under way. by The Associated Press Asian investors flush with hundreds of billions of dollars in cash now see Latin America as a top business opportunity, and they’re flooding into manufacturing,…
Agricultural Exports Increase from Peru’s Coastal Deserts
For Peru, agriculture has always been about water and finding inventive ways to capture it. Examples from prehistory include the terraced gardens of the Huari people, the underground aqueducts of the Nazcas, and systems of reservoirs and canals used by the Incas to irrigate their mountain fields. #adp02 Those ancients would be in awe of how modern Peru uses irrigation to coax increasingly more life out of desert lands considered to be the driest in the world. In the process, Peru is transforming itself into…