Chancay Mega-port

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]

Chancay Mega-port
Location
CountryPeru
LocationChancay, Peru

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
  1. https://www.ndtv.com/world-news/chinas-new-port-in-south-america-in-perus-chancay-may-further-dent-relations-with-us-5886326
  2. https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
  3. https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
  4. https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
  5. https://apnews.com/article/peru-chancay-china-port-construction-d13e8e8fe19289a6ab97628f708bc671
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