To date, APMT has invested US$27m of a total of US$749m earmarked to modernise and expand the existing multi-purpose facility, which will handle containerised and general cargoes as well as Ro-Ro, break-bulk and cruise ships. Planned improvements include the installation of 12 new post-Panamax quay cranes and 36 new RTG yard cranes. Other investments will increase the annual capacity to 2.9m teu.
“We began dredging the container berths to increase the depth from 11 metres to 12.5 m and in April two post-Panamax mobile cranes will be delivered. These will raise productivity to an even higher standard and increase our value proposition in the market,” said APMT Callao managing director, Henrik Kristensen.
The Peruvian economy grew by 6.6% last year and has been projected by the International Monetary Fund (IMF) to expand by 5.9% in 2012; a GDP of approximately US$300bn ranks Peru as the fifth largest economy in South America.