95% of urban qualifications in Peru are informal and 80% of homes are a product self-assemblyBuilders Association warns.
As they point out, the fact that eight out of 10 houses in the country were self-built means that many of them are vulnerable to natural disasters.
With this lack of territorial planning, the way in which construction in risk areas, as well as the lack of river drainage, which leads to thousands of victims and economic losses.
The union warns that this situation is the result of mismanagement by the authorities, who have chosen to support the formalization of large tracts of informal land or which have been seized by land traders.
“The authorities need to promote a formal market for urban permits and households. In this way, we will be able to ensure that families do not put themselves at risk of living in unsafe areas that are at the mercy of events like the ones we are currently experiencing,” said Antonio Amico, President of ADI Peru.
In addition, they point out that recent governments have not paid due attention to housing projects.
“What is valuable is that housing subsidy programs are considered an expense when they should be treating it as investments fundamental. The State Treasury returns 2.8 times what was invested in the MiVivienda subsidy, and it also provides quality space to millions of Peruvians,” they added.
The association also points out that informal urbanizations average over S$1 billion annually invested to install water and sanitation, and take an average of 10.5 years to connect to water and sanitation.
Source: RPP

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.