He Port Development in Peru continues to advance with the future modernization of the Chimbote porta key project to strengthen maritime infrastructure in the northern region of the country. The initiative seeks to enhance foreign trade and economic competitiveness of various regions through significant private investment, under the modality of Public-Private Association (APP).
The private investment promotion agency (Proinversion) has incorporated this project in its portfolio, anticipating that its declaration of interest is concretized in the second quarter of 2025. This advance will allow the transaction and concession phase to be initiated, which will generate employment and development in the area of influence of the port terminal.
Modernization of the International Chimbote Terminal: Investment, Infrastructure and Objectives
The project of Chimbote International Terminal It includes an estimated investment of up to 267 million dollars for the design, financing, construction and operation of the port. Modernization will include improvements in the current infrastructure for the reception and storage of solid, liquid and fractional bulk loading, as well as the construction of a new spring specialized in containers, equipped with porch cranes and an area of storage courtyards.
The main objective is to turn the port into a Strategic logistics axis For maritime trade in the north of the country, facilitating the export and importation of goods and improving connectivity with international markets. The initiative also provides for the implementation of high environmental and social standards, through the inclusion of a social fund and the execution of an environmental impact study (EIA).
How will the Port Project of Chimbote benefit the regions of Ancash, La Libertad, Huánuco and Lima?
The impact of modernization of Chimbote International Terminal Not only will it be reflected in Chimbotebut also in other regions such as La Libertad, Huánuco and Lima. The port terminal is expected to drive economic development through the increase in Commercial activity and the reduction of logistics costs for exporting and import companies in these regions.
In addition, the project would generate approximately 2,000 direct and indirect jobs during the construction phase, benefiting the local population with new job opportunities and energizing sectors such as transport, industry and commerce.
Next steps for the declaration of interest and granting of the Chimbote International Terminal
Currently, the project of Chimbote International Terminal It is located in the structuring phase, stage in which the technical, economic and legal report is refined. Key aspects are being defined such as the legal physical sanitation of the land and the elaboration of the concession contract, which must have the approval of the Ministry of Economy and Finance (MEF), The Ministry of Transport and Communications (MTC), the National Port Authority (APN) and the Supervisory Agency for Investment in Public Use Transport Infrastructure (Ositran).
Source: Larepublica
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