Chancay Megaport: what is your progress and when will this project be inaugurated?

The Chancay Multipurpose Port Terminal, which is being built by the Chinese company Cosco Shipping, is one of the most anticipated infrastructure projects in the industrial sector, as it will enable trade between Peru and Asia. Its investment amounts to US$3.6 billion and will generate thousands of jobs, according to the Executive Branch. Below, we will tell you all the details regarding the progress of the works and when it would come into operation. Pay attention!

Chancay Megaport: how is the progress of the work going?

The Chancay Megaport project will receive the largest ships in the world and seeks to become one of the most important merchandise redistribution points in South America in the medium term. At present, it presents an advance of more than 80% in its first stage.

According to the Minister of Economy, Alex Contreras, said project will consolidate itself as the economic center of Latin America that will allow commercial exchange with Asia.

“Peru is consolidating as the route to Asia, as the economic center of Latin America, which will allow commercial exchange and this is complemented by the strategy that we are promoting from the Government. The idea is that the entire region of Chancay, Lima Norte and Callao becomes a port hub, an international trade center,” he said in statements to the Andina news agency after carrying out an inspection visit to the works of the new Port Terminal. Chancay multipurpose.

In addition, he stressed that the construction of this mega-project will boost exports and will cause greater trade in our country. “With US$1.3 billion in the first stage, it is generating employment, since more than 1,500 workers are in the construction of the port of Chancay,” he added.

Finally, on September 3, the “Working Breakfast on the Chancay Megaport” was held, in which the general manager of Cosco Shipping Peru, Chen Lihui, explained that works are being carried out that include tunnels and highways, the creation of a logistics park and the allocation of 800 hectares for the future Special Economic Zone on the Chancay-Ancón–Callao axis.

Chancay Megaport: when would it be inaugurated?

According to Gonzalo Ríos, deputy general manager of Cosco Shipping Ports Chancay Peru, the inauguration of the Chancay Megaport would take place between October and December of next year, the date on which the Presidential Summit of the Asia-Pacific Economic Cooperation Forum will take place. (APEC) in our country.

“We have the greatest expectation, our construction program is anticipating that the port of Chancay can come into operation at the end of next year and an unbeatable opportunity is the meeting of APEC leaders. There we want to present the port of Chancay as the door to Latin America towards Asia”, he emphasized.

In the same way, he said that this work will start with 4 piers in a first stage and will grow progressively until it has 15, in accordance with the movement of the market.

“We have a master plan, because of the 4 docks with which the first stage will begin, it will go to 15 docks, according to the movement of the market. We estimate that this growth will be implemented progressively, until reaching a total investment amount that would exceed US$3.5 billion,” he added.

Chancay Megaport: what is this project about?

The Chancay Multipurpose Port Terminal is a project located in the province of Huaral, Lima region, which is built by the Chinese company Cosco Shipping Ports Chancay Peru (CSPCP) in coordination with the Ministry of Transport and Communications.

Said port will have the dimensions and draft to receive the largest freighters in the world. That is, those that can transport more than 18,000 containers. In addition, the work will have 3 components: the port operational area, the entrance complex that includes the vehicle port, customs inspection areas, offices and logistics service areas, as well as the tunnel.