NORTH AMERICA

ENAPU and DP World to develop Callao

17 years ago

Modernisation of the North Quay at the Peruvian port of Callao will be taken forward by DP World and the National Ports Authority (Enapu) under a $600m investment programme.

Initially, DP World had put forward its own initiative, costed at $1.3bn, but the Peruvian government now wants this rethought, since Enapu would cease to exist as a result, landing the state with annual pension requirements of $20m.