The integrated resort City of Dreams Manila opened to the public in December 2014, and had its official grand opening in February 2015. The resort complex occupies some 6.2 ha of land in Entertainment City, and has a total gross floor area of 310,565 m2. It is composed of hotel, retail and dining areas, and boasts around 380 mass and VIP gaming tables, 1,700 slot machines, and 1,700 electronic gaming tables. As of December 31, 2016, the City of Dreams Manila reported 253 gaming tables, 1,612 slot machines, and 158 electronic gaming tables in operation. Further assets include 22,507 m2 of gaming gross floor area, and around 20,000 m2 of retail and restaurant facilities and various entertainment options. The City of Dreams Manila features top hotel brands with some 950 hotel rooms in 6 towers in the vicinity. Crown Towers have approximately 260 luxurious rooms, while Hyatt, managed by Hyatt International Corporation, has 365 rooms. Asia’s first Nobu Hotel, is also present in the complex, offering accommodation in 321 rooms.

Peru is among the leading global players in the production of metallic minerals. In 2017, the country ranked second in the world in terms of silver, copper and zinc output, with global shares of 17.2%, 12.4% and 11.2%, respectively. Moreover, it was the fourth-largest molybdenum and lead manufacturer (with shares of 9.7% and 6.5%). In 2016, mining was Peru’s second-largest economic sector, accounting for 7.7% of GDP, 3.6% of total employment and 58.8% of national exports. However, over the period 2012-2016, the sector was affected by the negative phase in the cycle of international metal commodity prices, which caused a 5.8% average annual decline in revenues from mining exports. At the same time, the volume of foreign sales of mining products rose at a CAGR of 3.9% over the same period, pushed up by the strong performance of domestic output, which increased at a CAGR of 5%.

As the largest contributor to the growth of the services sector in India, travel and tourism has tremendous potential for development. It plays a significant role in India’s economy, directly contributing 3.6% to its GDP in 2017 and directly supporting more than 26mn jobs, or 5% of total employment as of the same year. Travel and tourism therefore receives considerable attention from the Indian government, which works actively to develop the required tourism infrastructure and skilled workforce, and to promote India as a high-end tourism destination through various campaigns and initiatives.

India’s textile sector is the country’s oldest manufacturing industry. Textile and apparel contributed 4% to India’s GDP, 14% to industrial production, and 13% to exports in FY2017. Textiles is second only to agriculture in employment generation. The sector is dominated by cotton, which claims a share of over 65% of the total mill fibre consumption in the country. India accounts for about 14% of the global production of textile fibre and yarns, and is the second-largest producer, after China, of man-made fibre and filament. India’s textile and apparel sector is fragmented, with few large companies, and a dominant share of small, independent, and often unorganised players. The sector, which supplies fabrics and garments to leading global brands, is driven by India’s strengthening middle class whose taste for Western clothing has only recently eclipsed the sales performance of traditional dress.

Metal processing is an important supplier for the rapidly growing Indian economy. Sectors such as construction, infrastructure, electricity generation, automotive manufacturing and ICT all benefit from cheap domestic metal and metal products production. Metal products accounted for around 2% of national gross value added (GVA) in FY2017, 9.3% of total exports and 11% of imports.

India is a significant player in the global gems and jewellery market. Gold, in particular, has important cultural importance in India and gold jewellery is frequently purchased for weddings or religious festivals. Additionally, gold jewellery is also used as a form of savings, especially in rural parts of the country where many Indians still do not have easy access to formal financial institutions. In recent years, the tastes of Indian consumers have been shifting. Economic growth has created a widening Indian middle class that has been looking for different aesthetics compared with traditional, heavy gold jewellery. This has created rising demand for jewellery made from other precious metals including silver and platinum, and for diamond jewellery.

Colombia’s agriculture, livestock, forestry, hunting and fisheries sector accounted for 6.5% of GDP in 2017 and for 17.3% of total employment in 2017. The government agricultural support programme Colombia Siembra (“Colombia Sows”), adopted in 2015, and the peace agreement with the country’s biggest guerrilla group, the Revolutionary Armed Forces of Colombia (FARC), signed in November 2016, led to a growth of both planted area and of the sector’s production volume. In 2016, four departments were added to the reporting of agricultural data in Colombia, bringing the number of departments covered to 26 (out of a total of 32). Land use for agriculture and forestry in these 26 departments in 2016 totalled almost 47.3mn ha – with the four “new” departments accounting for more than 9.6mn ha of this – while the total crop production of all 26 departments was nearly 23.4mn tonnes.

Construction was one of the sectors most affected by the deep economic recession in Brazil. The construction activity has been declining since 2014, due to the ailing economy, high inflation, restricted credit supply, low government spending and several corruption investigations involving major construction companies. This has led to postponed projects and mounting financial, liquidity and reputational problems for incumbent players, including bans on participating in public contracts, thus unleashing a profound restructuring process. Yet, with the uptick in the economic activity since 2017, the first signs of recovery in the residential property market, coupled with the active government measures to improve transparency in public biddings and make infrastructure concessions more attractive for private investors, the sector is expected to return to growth in 2018.

With estimated net revenues of USD 119.6bn in 2017, Brazil’s chemical sector was the eighth largest in the world and the leader in Latin America. Compared to 2016, the industry’s turnover rose by 9.5% y/y, as the uptick in economic activity propelled the domestic demand for chemicals from the main industrial consumers – the agriculture, automotive and durable goods sectors. However, the country remains highly dependent on imports of chemical products, as local production is not able to entirely meet domestic demand. Since 1991, the trade deficit in chemicals has increased nearly 15 times, reaching USD 23.4bn in 2017. A major factor for this negative development can be attributed to poor investment in R&D and modernisation of production capacity that has led to a steady loss of competitiveness of domestic chemical products.