Callao’s South Pier construction begins

Sultan Ahmed Bin Sulayem, DP World’s president who travelled to Lima to participate in the ceremony, announced that the first phase of the project will take 36 months and require an investment of US$300m for constructing an 850,000 teu capacity, two berth terminal.

In a second phase, DP World will widen the container yard and the maneuvering area at a cost of US$144m and if an anticipated third phase is undertaken, a third berth will be added in addition to enlarging the existing facilities at a cost of US$250m.

If all the stages are carried out as expected, the capacity of the port will have increased to 1.2m teu for a total investment of US$700m. Last year Callao handled just over 1m teu for the first time in its history and it currently ranks No. 90 in Container Management’s World Top Container Ports.