US$600 million to be invested for expansion and improvements of Matarani Port in Arequipa

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Ministry of Economy and Finance (MEF) and PROINVERSIÓN promoted the signing of an addendum to the concession contract for the Southern International Terminal (TISUR), which will allow for an increase in investment of nearly US$ 600 million for the construction of a multipurpose dock and a breakwater in The Matarani Port Terminal, located in the province of Islay (Arequipa), Peru.

The Matarani Port Terminal was awarded in 1999. It is currently operated by TISUR of the Tramarsa Group (50% Grupo Romero and 50% Global Infrastructure Partners-BlackRock). In 25 years of concession, the concessionaire has invested US$ 290.4 million in the design, construction of improvements, repair, conservation, maintenance and operation of the Port Terminal. The US$ 600 million investment aligns with the Matarani Port Terminal Master Plan, approved by the National Port Authority (APN) in October 2024. Approximately 65% of the funds will be allocated over the next three to four years to support increasing demand from the mining sector and advance strategic projects such as Majes Siguas II, Corani, Los Calatos, Cotabambas, and Haquira.
List of the country updates

Country updates

  • January 29, 2025

    Huancayo Wastewater Treatment Plant project is progressing toward a declaration of interest

    PROINVERSIÓN has completed the technical studies that consider the new location of the Huancayo Wastewater Treatment Plant (WWTP), which will benefit more than 570,000 residents in the Jun&iacu...

    Read more
  • January 29, 2025

    PROINVERSIÓN to launch tenders for Choquequirao Cable Car Project between February and April 2025

    PROINVERSIÓN will launch the tender process for the Choquequirao Cable Car project between February and April 2025 and is expected to be awarded between October and December 2025. The project...

    Read more
  • January 24, 2025

    Puerto Maldonado Wastewater Treatment Plant Project to Be Awarded Between April and June 2025

    The Private Investment Promotion Agency (PROINVERSIÓN) has announced that the Puerto Maldonado Wastewater Treatment Plant – PTAR is expected to be awarded in Q2 of 2025. The project, wit...

    Read more
  • January 23, 2025

    Award process for Longitudinal de la Sierra Tramo 4 project is in its final stages

    PROINVERSIÓN in coordination with the Ministry of Transport and Communications (MTC), has announced that the Longitudinal de la Sierra Highway Section 4 with an estimated investment of US$...

    Read more
  • January 23, 2025

    Contract for Villa El Salvador Hospital is set to be awarded in Q2 of 2025

    The Ministry of Health (MINSA) and PROINVERSIÓN have announced that the contract for operating and maintaining the Villa El Salvador Emergency Hospital (HEVES) will be awarded in Q2 of 2025. T...

    Read more

Share this update