The Global Industry Classification Standard GICS is a four-tiered, hierarchical industry classification system which consists of 10 sectors, 24 industry groups, 67 industries and 156 sub-industries.
Construction & Engineering is one of the sub-industries which is key for the development of projects within the mining industry. Mining companies usually go through several stages while developing a project, starting from exploration, going through resource development, pre-feasibility, feasibility, production and finally executing the closure of the mine. Whatever the status of the project is, Construction & Engineering firms are present offering a variety of services to mining companies.
International firms such us Fluor Corporation, Bechtel, Ausenco Limited, SNC-Lavalin, Metso Corporation are among the top global players offering solutions across regions to top mining companies operating in Peru, Chile, Canada, Indonesia, Philippines, Australia. Challenges to operate globally and at the same time be a top player on local markets appear every time there are local Construction & Engineering firms operating and cementing already its expertise and knowledge in their local markets.
Expertise of top Construction & Engineering firms are being mapped on Digiscend platform considering key facts as their executed projects for example, international and local based firms are taking part of this ecosystem of projects, mining companies and the respective suppliers of services and products.
Given the fact that Peru is one of the top producer of gold and copper globally, Construction & Engineering firms are operating within a highly competitive market supporting the development of projects within the mining industry. Local Peruvian firms such us GyM, Cosapi, Geoservice, Cesel are all leading players of the said ecosystem.
Geoservice has been a key player on the peruvian local markets offering services such as Feasibility Studies, Environmental Impact Assessment (EIA) studies, Detailed Enginnering, Hidrological studies, Construction Management Services, Engineering Construction Procurement and Management EPCM among the main ones. Geoservice also was in charge of getting approved the EIA studies of Tia Maria Copper Mine project meeting the technical requirements for the Peruvian Ministry of Energy and Mines. Source: Digiscend.
Digiscend is working hand in hand with Peruvian based Construction & Engineering firms accelerating their business and empowering them to penetrate the highly competitive Peruvian market.