Peru is becoming an increasingly attractive export destination for Chilean software, according to Chile's government export promotion agency ProChile.
Chilean financial daily Diario Financiero reported ProChile's Lima office as saying that currently there are few foreign companies competing with local Peruvian software developers with applications for niche markets such as construction, health, finance and web design.
Demand for such applications, which boost competitiveness and efficiency of company processes, is growing, according to ProChile.
Peru has favorable legislation for companies exporting software to that country.
Imported packaged and tailor made software only pays taxes on the physical means in which the software is transported, such as the CD, unlike in Chile where a tax is also levied on the actual content of the software.
ProChile also sees opportunities for applications for the growing telecoms sector.
According to statistics of consultancy IDC, IT investments in Peru are expected to grow 15.8% this year compared to 2006, reaching a total value of US$800mn.
Publication: Business News Americas - English News
Provider: Business News Americas
Date: December 12, 2007
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