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.