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Date: July 26

Peru, a nation rich in cultural diversity and natural resources, is embarking on an ambitious journey to transform its transportation and logistics infrastructure. The objective is clear: to reduce the logistics cost of transportation from 26.4% to 13.5% by the year 2032. This effort is part of the National Plan for Services and Logistics Infrastructure for Transportation to 2032 (PNSILT), an initiative of the Ministry of Transport and Communications (MTC) approved in March 2023.

The need for this change becomes clear when examining the logistics data for Peru. According to the 2020 national logistics survey, the national average logistics cost of Peru is 16%. Transportation and distribution represent 26.4% of the total logistics cost, a percentage that the country is determined to reduce.

Peru's global competitiveness and logistics performance have declined compared to other countries in the region, such as Chile and Colombia, which have implemented logistics development plans since 2012. To reverse this trend, the PNSILT has identified five strategies and a series of Necessary actions, which include the implementation of 35 logistics platforms, 54 truck centers, improvement of collection centers, regional plans and a series of actions in the road, water, rail and management networks.

These actions cover a wide range of improvements in infrastructure and logistics services. From the improvement of land routes and investment in ports to the implementation of information technologies to improve interconnectivity and the flow of information between producers, service providers, marketers and transport companies.

The plan also aims to improve Peru's Logistics Performance Index, particularly in the components of "infrastructure quality related to trade and transport" and "competition and quality of logistics services

In addition, it is expected that by the year 2032, in a multimodal scenario, approximately 49.2% of the time used in transport will be reduced, which implies important benefits at a social, environmental and economic level.

The PNSILT has also identified 52 logistics chains, 8 of which are new compared to those previously identified. These chains cover a wide range of products and sectors, from agricultural products and the food industry to the chemical industry, marine products, the construction and mineral industry, the mechanical and electrical industries, the metallurgical industry, petrochemicals, the wood industry, the paper industry and cardboard, and fashion industry.

The logistics cost by sector varies, with wholesale and retail trade having the lowest cost (10.9%) and electricity, gas and water having the highest (26.5%).

In short, Peru is embarking on a logistics transformation journey with the goal of reducing costs, improving competitiveness, and attracting new investment. With a clear vision and strategic plan, the country is well positioned to achieve these goals and improve its position on the global stage.

Source: Logística 360°