Peru’s expanding agribusiness sector is being hampered by delays to large irrigation projects.
Pending projects such as Chavimochic phase III, Majes Siguas II, Alto Piura and Chinecas could add an additional 200,000ha of land for agricultural use, according to business group ComexPerú.
The four irrigation projects on hold represent potential investments of US$1.7bn and would also help drive the construction sector.
“The Peruvian agro-export boom has been achieved with…