China is building a new port and industrial hub in Peru, a USD 3bn investment, 55kms north of Lima

Global chain transport challenges, the war in Ukraine, and the following two years of lockouts caused by the Covid 19 pandemic have caused many disruptions to normal trade and China has thus embarked on a major project building a new port along the Peruvian coast to help boost trade along the Pacific rim. In effect, the Chinese state-owned conglomerate Cosco Shipping Holdings is building – virtually from scratch – a deep-water port in Peru. At the cost of US$ 3 billion, it will connect industry and a logistics…
Real Estate and Investment News from South America
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