DP World inaugurated this Wednesday its Bicentenario Dock, a modern US$400 million infrastructure that will allow the Callao South Dock to increase its annual loading capacity by 80% and go from 1.5 to 2.7 million TEUs. But the transnational is preparing new investments.
Together with the 1.2 million TEU that the North Pier, operated by APM Terminals, currently receives, the First Port is ready to receive no less than 3.9 million TEU per year.
This capacity to receive containers is much higher than the million TEU that the Chancay megaport, operated by Cosco Shipping, will receive in its first stage of construction. However, the advantage of the Chinese terminal is that it will have routes to the Asian continent that will not take more than 25 days, compared to the almost 40 that, in many cases, Callao occupies.
In dialogue with La República, the CEO of DP World Peru and Ecuador, Carlos Merino, assured that the new infrastructure constitutes a key link for the new commercial hub that Peru will have on the west coast of South America. It should be noted that, when the Bicentennial Dock project began, Chancay was not on the radar.
Although Merino recognizes that DP World Callao has indirectly benefited from laws promoted in Congress to promote the development of the port of Cosco – such as the changes in the Port Law, which would allow it to renew its concessions for up to 30 years, and the new Law cabotage – ensures that they will not lose cargo.
“We have already gone through many challenges: pandemic, Panama canal, conflicts in the Red Sea, etc. Finally, we have to be ready for those changes. And how we do it? Increasing capacity and being more efficient. To this investment, we are going to add another US$45 million to acquire two additional cranes. We will have the most powerful docking front in the country,” he said.
Bicentennial Pier:
The opening ceremony of the Bicentennial Dock, which will be able to serve up to three large ships simultaneously, was attended by the President of the Republic, Dina Boluarte, the Minister of Transport and Communications, Raúl Pérez-Reyes, and the Global CEO of Dubai Ports World, Sultan Ahmed Bin Sulayem.
Precisely, Bin Sulayem confirmed DP World’s plans to build an industrial park and strategically position its global operations in the Peruvian capital. According to the senior executive, it will be an “honor to contribute to the economic growth of the country.”
Meanwhile, Minister Pérez-Reyes assured that the new Callao-Chancay hub “is already the most important in South America on the Pacific coast,” and in a very short time it will become the most important in Latin America, surpassing Manzanillo ( Mexico), although still below Long Beach (USA), the largest in the American Pacific.
“DP World has told us that it is very interested in continuing to expand its capacity in Callao, which will further position Peru as a logistics center in the region,” he stated.
Source: Larepublica
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