The port of Chancay will begin operations in November 2024 |

by time news

2023-10-27 08:25:39
Published by Alejandro VillalobosOctober 27, 2023LOGISTICSVisits 4

He Chancay port, located in the province of Huaral, north of Lima, is a port megaproject that seeks to become the third largest port in the world and the first in Latin America. With an initial investment of 1.3 billion dollars, the port will have a loading and unloading capacity of 43.5 million TEUs per year.

The port is in charge of the Chinese company Cosco Shipping Port Chancay SA, which has announced that the progress of the work is close to 50% and that it is expected to be completed by the end of November 2024. The objective is to inaugurate the port taking advantage of the Summit of APEC, which will be held that year in Peru.

The port of Chancay will have a competitive advantage by reducing the crossing time to reach the Asian market, which will benefit Peruvian exporters. In addition, it will have a Special Economic Zone, which will offer tax incentives and facilities to attract technology transfer companies.

The port of Chancay is a strategic project for the development of foreign trade and the Peruvian economy. With its cutting-edge technology and privileged location, the port promises to be a regional and global benchmark.

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