SOUTH AMERICA

Callao expansion still open to interest

16 years ago

Economic and mining growth in Peru has put pressure on both general cargo and mineral facilities in Callao, but this is about to change as the port pulls together a number of measures to deal with growing volumes.

Callao is bringing together a number of developments to deal with increasing throughput

Completion of a new container terminal by DP World marked the first step, while the port has also gained approval for two large projects: the mineral terminal is to be relocated and a conveyor system of several kilometres in length put in place to transport the mineral storage areas to loading point (a move presently undertaken by truck). The cost is estimated at over $120m and the system is expected to be operational by 2012.

Plans to convert an older section of the port into a modern multi-cargo facility are still open to interested investors. For an estimated cost of $549m, the project will give the port a higher capacity and modern systems. Tenders are expected to be assigned by the first quarter of 2011.