Privatisation a must in Peru

Calls have been made in Peru for the immediate privatisation of the ports of Paita and Callao, the latter being the main gateway for the capital, Lima. Both require investment totalling $300m which local pundits believe is beyond the capability of any state-run agency. However, others are opposed to the sell-off, believing that the national ports authority, ENAPU, should forge partnerships either with other state companies or with private sector investors.

Calls have been made in Peru for the immediate privatisation of the ports of Paita and Callao, the latter being the main gateway for the capital, Lima. Both require investment totalling $300m which local pundits believe is beyond the capability of any state-run agency. However, others are opposed to the sell-off, believing that the national ports authority, ENAPU, should forge partnerships either with other state companies or with private sector investors.