| Chancay Mega-port | |
|---|---|
 | |
| Location | |
| Country | Peru |
| Location | Chancay, Peru |
The Chancay Mega-port in an under-construction port in Chancay, Peru. It is nearing completion and is being built by Chinese company Cosco Shipping. [1]
The port is located approximately 60 kilometers nor of Lima. It is expected to cost US$1.3 billion. The route betweeen China and the port will be reduced to 10 days. [2]
Offering a deep water port, Chancay will be able to handle container ships that can't dock elsewhere in South America. [3]
Peruvian mining company Volcan will own a 40% share of the company and COSCO Shipping will hold the remaining 60%. [4]
The first stage of the port is expected to be finished by the end of 2024. [5]
References
- ^ https://www.ndtv.com/world-news/chinas-new-port-in-south-america-in-perus-chancay-may-further-dent-relations-with-us-5886326
- ^ https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
- ^ https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
- ^ https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
- ^ https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671