THE Chancay Port Terminal in Peru’s Lima Region will be a multipurpose port that will handle containerized cargo, general cargo, non-mineral bulk cargo, liquid cargo, and rolling cargo.
It is made up of 3 major components: a port operational zone, an entrance complex, and an underground viaduct tunnel.
Construction of the megaproject continues to advance as dozens of cranes lift blocks weighing several tons and drop them to compact the soil of a roughly one-square-mile area on Peru’s Pacific Coast.
According to Mario de Las Casas, Institutional Affairs Manager of Cosco Shipping—a Chinese state-owned company that is the majority owner of the project, the Chancay Port Terminal will be “The gateway from South America to Asia.”
Similarly, Isaac Kardon, a senior fellow at the Carnegie Endowment for International Peace says, “This long-term project reflects a concerted Chinese strategy to extend its maritime trade and logistics footprint to all of the key maritime points on the globe.”
The $1.3 billion megaproject under development will use high technology to receive ships from all over the world and reduce travel time to 10 days.
The geographical position and current and future connectivity of the Port of Chancay will contribute to the relief of other port management centers by providing greater efficiency and better competitive conditions for users, boosting the country’s economy, and exports, and generating new opportunities for business.
Its first stage is to be completed by the end of 2024.
The containers will arrive at and leave the port through a 1.8-kilometer tunnel, the construction of which was halted in May following the collapse of part of the surface.
The company says work in the tunnel area will resume in the next few days.
