Peru's Chancay Port raises hopes of prosperity
Developed by China's COSCO Shipping Group, the $1.3 billion deep-water port will accommodate the largest container ships. It will cut the sea journey to China from 33 days to 23, and reduce logistics costs by at least 20 percent, which is expected to significantly boost Peruvian exports and strengthen trade between Latin America and Asia.
‘From Chancay to Shanghai’: New China-Peru BRI project to become hub, gateway port of Latin America
Residents relax and enjoy the beach under the sun, as cranes build Chancay Port in the background in Lima, Peru, on October 29, 2024. Photo: VCG Giant containers pile up at the newly developed Chancay Port, Chancay, Peru, on October 24, 2024. Photo: IC
While Chancay may rekindle an old dream of integrating South America’s Atlantic and Pacific coasts, there is no effective way ...
A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the ...
Chinese President Xi Jinping began his week-long diplomatic visit to Latin America on Thursday with the virtual inauguration ...
Xi Jinping in Peru to Unveil China-Funded Megaport in Chancay Amid Protests | Firstpost America Chinese President Xi Jinping ...
By Alek Buttermann The inauguration of the Chancay Megaport in Peru marks a significant moment for regional trade, with the ...
Donald Trump has made a tougher stance toward China central to his pitch on foreign policy, even as Joe Biden and Xi Jinping ...
A veteran adviser to Donald Trump is proposing that the 60% tariffs that the President-elect has vowed to impose on Chinese ...
China is ready to work with Peru to build a new land-sea corridor between China and Latin America with the Chancay Port as a ...
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