In its first year, the operators of the new Chancay terminal estimate to move one million TEU containers and six million loose cargo. The colossal investment to turn Peru into a regional hub for South America exceeds US$3.4 billion.
- Dollar price today in Peru: what is the exchange rate for this Friday, April 21?
- Bolivia is on the brink of a financial crisis, warns The Economist
The new Chancay Multipurpose Port Terminal It presents an advance of more than 40%, so it is expected that it can start operations as of the fourth quarter of 2024.
In dialogue with Andina, the Public Affairs manager of Cosco Shipping Ports, Mario de las Casas, explained that since April 2011 the project has been developed with a total investment of more than US$3.4 billion, of which up to US$1,315 will be executed alone. In the first stage.
“There is an initial investment of more than US$1.3 billion for a project that will be the most important port in South America and that will function as a regional hub (logistics center), “said the executive.
Casas stated that the port of Chancay is a private investment project, whose shareholders are the Chinese capital company Cosco Shipping Ports Limited (CSPL) with a 60% interest, and Volcano Mining Company with 40%.
“It is the first private port for public use in Peru, which will provide a great opportunity for the country’s economic growth and foreign trade, putting us at a competitive level,” he said.
In its first year, the terminal operators estimate to move one million TEU containers (measure to calculate the cargo capacity of containers) and six million loose cargo.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
