Contract awarded for US$405 million Port Terminal PPP project in Peru

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Contract awarded for US$405 million Port Terminal PPP project in Peru

The Peruvian State, through the Private Investment Promotion Agency (PROINVERSIÓN), awarded the company Terminal Portuario Jinzhao Perú SA the design, financing, construction, operation and maintenance of the “New Port Terminal of San Juan de Marcona” in Peru.

The New Multipurpose Port Terminal of San Juan de Marcona requiring a US$405 million investment will be a public infrastructure featuring two docks and three moorings, along with necessary equipment for handling bulk, container, general, and liquid cargo for any economic sector. Upon completion, it will become the country's third-largest port, following El Callao (North Pier and South Pier) and Chancay.

The project's development is expected to stimulate mining investments of over US$15 billion in the southern region, leading to economic growth, job creation, and improved living standards across 29 provinces and 280 districts in the Ica, Ayacucho, Apurímac, Cusco, and Arequipa regions.

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