Peru to Build a New Port for US$405 Million

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Peru to Build a New Port for US$405 Million

TL;DR

  • Peru signed a contract for the construction of the San Juan de Marcona port terminal.
  • The project requires an investment of $405 million.
  • It will generate 1,500 jobs in its first five years.
  • A Social Fund will be created, collecting approximately $82.8 million.
  • The terminal will be the third largest in Peru, after Callao and Chancay.
  • Its main purpose is the storage and shipment of iron and copper concentrates.
  • It will have a capacity to handle up to 47 million metric tons of minerals.
  • The infrastructure will include two docks, three mooring berths, and specialized equipment.