Peru to boost port investment

Peru to boost port investment

Gill McShane | 16 March 2011 |  
 
Next four years will see billion-dollar support for a number of Peruvian ports

The port sector in Peru will benefit from investment of US$2.03bn by 2015, according to the National Port Authority (APN) and reported by Andina.

“The planned investments in public ports over the next years is US$844m, which adds up to US$750m earmarked for the northern multipurpose terminal of Callao and US$443m in private initiatives,” explained APN director Ricardo Guimaray.

Andina said some of the major ongoing port projects in Peru include the first phase of DP World’s US$617m investment programme in the Muelle Sur terminal at the Port of Callao in Lima.

Others include developments at Terminales Portuarios Euroandinos’ (TPE) US$228m Paita port terminal, and Peru LNG’s US$332m liquefied natural gas (LNG) export terminal at Pampa Melchorita.

In addition, major future projects include the concession of the Ports of Salaverry (La Libertad), San Juan de Marcona (Ica), Iquitos and Yurimaguas (Loreto) and Pucallpa (Ucayali).

 

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