The company points out that the port facilities will only be for commercial use and that the Executive and Congress are the only ones that could allow the entry of military weapons.
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Through an article in the Financial Times, the United States’ concern was expressed about the progressive emergence of Chinese investment, both in the electricity market and in the construction of the Chancay megaport, whose investment exceeds US$3.6 billion.
Likewise, the media warns that the port, whose main shareholder is the Asian company Cosco Shipping (60%), could be used for the Chinese navy to restore its warships.
About, Cosco Shipping Ports Chancay Peru SA (CSPCP) has sent the following:
- The port of Chancay will be for commercial public use and its characteristics, capacities and equipment have been verified and approved by the corresponding national authorities.
- The Executive Branch or the Congress of the Republic, in accordance with Art 102, paragraph 8 of Law 27856, are the only entities authorized to allow military entry regardless of its ownership.
- The shareholder Cosco Shipping Ports Ltd. is part of the Hong Kong stock exchange and has top-level global funds and corporations among its investors, which guarantees that it will comply with good corporate governance standards.
- Cosco Shipping Ports Ltd. is one of the largest port operators in the world, with presence in the operation of ports such as Bilbao and Valencia (Spain), Pireus (Greece), Rotterdam (Holland), Vado (Italy), Antwerp and Zeebrugge ( Belgium), Abu Dhabi (United Arab Emirates), Suez (Egypt), Singapore, Busan (South Korea) and Seattle (United States of America), among others.
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.
