Callao needs investment now

SVTI was awarded a 15-year concession in 1999 to rehabilitate, expand and operate the port. SVTI is a 50/50 joint venture between Carrix, Inc. and Sudamericana Agencias Aereas y Maritimas S.A.

Jose Luis Guerola, the new president of Peru’s national ports authority, APN, has emphasised that his priority task is to find a concession holder for the port of Callao willing to invest an initial $270m, although the port as a whole requires up to $400m to bring it up to acceptable international standards. He reiterated that a concession would be awarded this year, following the publication of the final version of the National Ports Plan. Callao has an annual traffic in containers of 600,000TEUs.