He Chancay Multipurpose Port Terminal, one of the most ambitious infrastructure projects in Peru, is about to become a reality. With 70% progress, this megaport promises to position the country as a key maritime connection center on the South American coast of the Pacific Ocean. This advance will not only generate a positive impact on national markets, but will also transform logistics and maritime trade in the region.
The company Cosco Shipping, in charge of the development of the port, has confirmed that the project is progressing at a good pace. With a total area of 141 hectares, the complex includes a tracking center, an underground vehicle tunnel and four docks, two of which will be used for handling bulk cargo, general cargo, liquid cargo and rolling cargo.
When will the Chancay megaport be inaugurated?
The Chancay megaport project has made significant progress and, as scheduled, is expected to The works will be completed before November 2024, according to the Minister of Transportation and Communications, Raúl Pérez Reyes. The initial investment for the construction of this infrastructure amounts to 1.3 billion dollars. This stage includes the completion of the docks, the access tunnel, and other facilities crucial for its operation.
The minister has highlighted the importance of developing the transport infrastructure necessary to connect the new port node of Chancay with Callao, thus structuring a vital logistics axis for the country.
Chancay megaport: when will the first ships arrive?
With the completion of the works scheduled for November 2024, The Chancay megaport is preparing to receive its first vessels starting in January 2025. Alonso Guinand, manager of the Commercial and Marketing Department of Cosco Shipping, assured Canal N that the port will be ready to begin operations at the beginning of next year.
The construction progress is evident. Pier one is now completely completed, while piers three and four are 95% complete. The access tunnel, crucial for logistics operations, is 65% complete, ensuring that the port will be ready to begin operations within the established deadline.
What will be the economic impact of the Chancay megaport?
The economic impact of the Chancay megaport will be significant for Peru. According to the Minister of Production, Sergio González, in an interview with El Peruano, It is estimated that the port will generate 4.5 billion dollars annually, equivalent to 1.8% of the country’s gross domestic product (GDP).. This increase in economic activity will boost not only maritime trade, but also various sectors of the national productive apparatus.
Additionally, the construction and operation of the megaport will create approximately 8,550 direct jobs, significantly improving the labor market in the region. The strategic location of the port, close to the economies of Asia-Pacific, will position Peru as an economic leader in South America, facilitating trade and strengthening commercial relations with other countries.
Source: Larepublica
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