CALA tower land-grab moves to Peru
More than double the current number of towers needed, progressive regulator seeks to encourage investment
Back in 2000, Frank Sader published a book for the IFC and the World Bank titled "Attracting Foreign Direct Investment into Infrastructure - Why is it so difficult?" At one point, the author references experiences of raising foreign investments in Argentina and Peru in the TMT sector, and stresses the importance of a strong regulator to succeed. The Argentinian example seems anachronistic especially in light of the many social and financial events that hit the country over the past fifteen years. However, I have decided to start this editorial which the paragraph on Peru, which seemed relevant today despite being written 15 years ago.