He Chancay Megaport It is one of the most significant infrastructure works in recent years for our country and its official inauguration was announced for November 14 by the Minister of Transport and Communications, Raúl Pérez Reyes, against the backdrop of the celebration of the summit of the Asia-Pacific Economic Cooperation Forum (APEC 2024) of which Peru is once again host.
Its construction represents a milestone in the field of maritime transport and logistics, with the potential to transform the country’s economy. This megaport, located in the Lima region, not only seeks to improve the country’s cargo capacity, but also position Peru as a strategic point in international trade.
“For the Government, this new infrastructure is a priority, as it will consolidate Peru as the main port hub in the South Pacific with direct access to the Asian continent,” were the words of Minister Pérez Reyes.
For his part, the Minister of Foreign Affairs, Elmer Schialler, indicated that President Dina Boluarte and Chinese President Xi Jinping will hold a “virtual” inauguration from the Government Palace, at the request of the government of the Asian country, so They will not be physically present at the megaport. This is due to a request from the government of the Asian country for “security reasons.”
The District Municipality of Chancay expects a whole day of festivities, conversations, shows and parades that will begin at 9:00 in the morning and last until night.
Who are the owners of the Port of Chancay?
The project belongs 60% to Cosco Shipping Ports Limited, a Chinese company and one of the largest shipping conglomerates in the world, whose majority shareholder is the Chinese State. The other 40% is from the Peruvian Volcan Compañía Minera
Mario de las Casas, manager of Institutional Affairs at Cosco Shipping, assured that this important work will have an enormous impact on the Peruvian economy, since it will not only significantly optimize the arrival and departure of products to the Asian market, but will also generate thousands of jobs.
“With the Chancay terminal and the port of Callao, Peru will regain port leadership in the South Pacific, we will become concentrators and dispatchers, and new opportunities will open up in different sectors,” said the executive.
What is the importance of the Port of Chancay?
One of the main importance of the port of Chancay lies in its capacity to receive deep draft ships. This will allow the port to handle a considerable volume of cargo, facilitating trade with global markets. The modernization of port infrastructure is crucial to increase Peru’s competitiveness in the international arena, especially in a context where efficient logistics is fundamental for economic development.
In addition, the port of Chancay is designed to be a comprehensive logistics center. This means that it will not only focus on the loading and unloading of goods, but will also include storage, distribution and value-added services areas. This integration of services will facilitate the movement of products, reducing costs and delivery times, which will benefit both exporters and importers.
The port’s economic impact also extends to job creation. It is estimated that the construction and operation of the port will generate thousands of jobs, boosting the local and regional economy. Furthermore, by attracting investment and encouraging the development of related industries, such as manufacturing and logistics, the port of Chancay will contribute to diversifying the Peruvian economy and reducing dependence on traditional sectors.
Finally, the port of Chancay has the potential to improve the country’s connectivity. By facilitating access to international markets, new opportunities will open for Peruvian products, from food to textiles. This will not only benefit companies, but will also contribute to the growth of tourism and the promotion of Peruvian culture abroad.
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