Chancay Mega-port
| Chancay Mega-port | |
|---|---|
 Click on the map for a fullscreen view | |
| Location | |
| Country | Peru |
| Location | Chancay, Peru |
| Coordinates | 11°35′35″S 77°16′37″W / 11.593°S 77.277°W |
The Chancay Mega-port in an under-construction port in Chancay, Peru. It is nearing completion and is being built by Chinese company Cosco Shipping.[1]
The port is located approximately 60 kilometers norh of Lima. It is expected to cost US$1.3 billion. The route betweeen China and the port will be reduced to 10 days.[2]
Peruvian mining company Volcan will own a 40% share of the company and COSCO Shipping will hold the remaining 60%.[2] The first stage of the port is expected to be finished by the end of 2024.[2]
References
- ^ "China's Megaport In South America Could Spark Resource War With US: Report". NDTV. 14 June 2024.
- ^ a b c Briceño, Franklin (23 August 2023). "Chinese-backed port project in Peru to be the 'gateway from South America to Asia,' official says". AP News.