The Peruvian Private Investment Promotion Agency (Proinversión) has granted Terminal Portuario Jinzhao Perú SA, a subsidiary of the mining company Jinzhao Perú belonging to the Chinese conglomerate Zhongrong Xinda Group, the responsibility of carrying out the development of the New Port Terminal of San Juan de Marcona in Ica, with an estimated investment in US $405 million.
This event occurs after completing the 90-day period established until March 19, during which other interested entities were invited to present proposals for the execution of the project. In this period, no additional applications were registered since their declaration of interest in December.
What will be the impact of the New San Juan de Marcona Port Terminal?
The new port infrastructure in Marcona will be positioned as the third largest port in Peru after El Callao and Chancay. With this expansion, the New Port Terminal of San Juan de Marcona is destined to become an essential catalyst for regional development.
The implementation of this port project promises to reactivate mining investments that exceed US$15 billion in the region; Thus, it contributes directly to economic growth, job creation, increased income and improvement in the quality of life of the populations in the areas of influence. Specifically, the Marcona port It will benefit 29 provinces and 280 districts in the regions of Ica, Ayacucho, Apurímac, Cusco and Arequipa.
The operationalization of important mining projects such as Pampa del Pongo, Los Chancas, Antilla, Trapiche, and Constancia, along with support for other ongoing projects such as Mina Justa, Las Bambas, and Shouxin, will be significantly boosted. Furthermore, it is anticipated that the development of the Andahuaylas-RailwayMarconaa state initiative valued at approximately US$5 billion, will boost the southern mining corridor.
Likewise, the new terminal is expected to promote the resurgence of the petrochemical industry in the southern region with an estimated investment of more than US$2 billion.
The New Port Terminal of San Juan de Marcona will provide several job opportunities
The start-up and operation of the new modern port terminal in the region of Marcona It will not only mean an advance in the country’s logistics infrastructure, but will also have a considerable socioeconomic impact in the area of influence: it covers the regions of Ica, Ayacucho, Apurímac and Arequipa.
It is estimated that the economically active population will increase by nearly 80,000 people, which in turn will generate an increase in income and lead to an improvement in the quality of life of families in these regions. In the specific case of Marcona, the creation of 1,500 jobs is expected during the first five years of the port concession. This reflects the potential for economic and social development derived from this project.
Furthermore, thanks to the implementation of a public-private partnership (PPP) model designed by Proinversión, a social fund will be established that will benefit from 3% of the annual gross income obtained by the concessionaire, from the beginning of port operations until the end of the concession contract. This translates into an estimated contribution of approximately S/290 million over the 25 years of operation of the terminal. In this way, the project’s commitment to the sustainable development of the community is reaffirmed.
Source: Larepublica
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