DUBLIN–(BUSINESS WIRE)–The “Peru Construction Market Size, Trends, and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)” report has been added to ResearchAndMarkets.com’s offering.
Peru’s construction industry is expected to expand by 3.8% in real terms in 2025, supported by private investments in the mining sector, public spending in energy infrastructure, and elevated revenue from copper and gold exports.
According to Peru’s Ministry of Energy and Mines (MINEM), copper output is expected to rise to 2.8 million metric tons in 2025, compared to 2.7 million tons produced in 2024, albeit still lags comparative to global demand. Furthermore, in July 2025, Dina Boluarte – the President of Peru – announced that the government is evaluating the authorization of 134 new mining exploration and exploitation projects, which are estimated to be worth PEN22.7 billion ($6 billion).
Additionally, Peru’s gross fixed capital formation in construction grew by 5% in H1 2025. Construction industry’s value-add grew by 5.2% in H1 2025, according to the INEI. Moreover, growth in construction activity will also be supported by the government’s allocation under it’s 2025 Budget, with a total allocation of PEN251.8 billion ($66.5 billion) for 2025; an increase of 4.5% compared to the 2024 Budget allocation.
Over the remainder of the forecast period, the construction industry is expected to record average annual growth of 3.6% between 2026 and 2029, supported by government spending in educational facilities, infrastructure projects, and renewable energies, among other projects. As part of the National Energy Plan, Peru’s Ministry of Energy and Mines (MINEM) is planning to add 2.5GW of solar energy by the end of 2028 in a bid to increase the country’s solar capacity.
In May 2025, the state government of Arequipa allocated 160ha land in the port city of Matarani to Verano Energy – a Latin America renewable energy company – for the production of green and blue hydrogen. This initiative is part of the PEN42.4 billion ($11.2 billion) Horizonte de Verano project, clean ammonia project.
Scope
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Peru, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst’s critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/an2nij
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