Peru doubles capacity of its main port thanks to Emirati investment

Peru doubles capacity of its main port thanks to Emirati investment

The port of Callao, near Lima, the main one in terms of goods transport in Peru, will almost double its capacity with the commissioning of a new quay, inaugurated Thursday June 20, thanks to an investment of 400 million USD from the Emirati company DP World.

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Aerial view of the Callao port terminal in Lima on June 20.
Photo: AFP/VNA/CVN

“This terminal will have the largest capacity on the west coast of the South Pacific,” welcomed Carlos Merino, general manager of DP World for Peru and Ecuador.

The new quay, built in two years, will be able to accommodate two 400 m long ships simultaneously and will have a capacity of 21,000 TEU (20 foot equivalent, the benchmark measurement for the sector).

The extension of the port’s southern jetty will increase the annual capacity of the infrastructure to three million TEUs. In 2023, it handled 1.6 million TEUs, according to Mr. Merino.

The facility was inaugurated by Peruvian President Dina Boluarte and Sultan Ahmed Bin Sulayem, head of the DP World company.

“This work demonstrates that Peru is a reliable country for foreign investment,” underlined the president during the ceremony.

“This investment will create opportunities for new trade routes. We want to connect all markets around the world in a faster and smarter way”for his part indicated Mr. Sulayem.

The terminal will use electric cranes and trucks to reduce CO emissions2according to the concession company.

DP World is a subsidiary of the public holding Dubai World. It operates ports in Canada, the Dominican Republic, Ecuador, Brazil, Argentina and Chile.

Peru plans to open in November in Chancay, 80 km north of Lima, a gigantic 141 ha port terminal built by the Chinese company Cosco Shipping. The latter plans a total investment of 3.5 billion USD.

“With these new investments, Peru becomes a reference in terms of port infrastructure at the regional level,” underlined Mr. Merino in reference to the developments of the ports of Callao and Chancay.

AFP/VNA/CVN

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