Lima, March 8. Investments through public-private partnerships (PPPs) in Peru’s ports have exceeded $1.9 billion in 20 years and are expected to reach more than $3.5 billion, the Agency for the Promotion of private investment (Proinversión).

The agency pointed out that over the past two decades, 8 port terminals in the country have obtained concessions through PPPs, which has improved their efficiency and contributed to the rebound of national exports, which rose from 7 billion in 2001 to 65.8 trillion in 2022.

In this sense, he explained that between 2001 and 2022, more than 1.9 billion dollars have been invested in the modernization of port infrastructure and services, out of a reference investment commitment of 3,000 million dollars, a figure which will reach more than 3.5 billion. dollars with the addition of an addendum from APM Terminals, which operates the multi-purpose northern terminal at the Port of Lima de Callao.

According to data from the Supervisory Body for Investments in Transport Infrastructure for Public Use (Ositran) until February 21, 2023, the largest investments executed were recorded in the North Multipurpose Terminal of the Port of Callao, with 452 million of dollars.

It was followed by the Quai Sud of the port of Callao, with 440 million dollars, and the ports of Matarani, with 290 million dollars; Paita, with $260 million; San Martín de Pisco, with 182 million dollars, and that of Salaverry, with 131 million dollars.

The agency maintained that private companies are interested in the modernization of new port terminals, such as the south of San Juan de Marcona, which will require an investment of 520 million dollars and should be awarded in the last quarter of this year, and northern Chimbote, which will require $180 million and entered Proinversión’s portfolio last February.

In this sense, he pointed out that there is “a renewed interest in making Peruvian ports very competitive at the national and international level, positioning Peru as a ‘hub’ (center of operations) of America from South”.

It will be “even more” with the incorporation of the “mega port of Chancay”, which is currently under construction in the north of the Lima region, with an investment of 3 billion dollars, he concluded. EFE

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