COSCO to operate new Peruvian facility
COSCO Shipping Holding will build and operate a US$2b facility near Chancay, Peru, as part of US$10bn worth of Chinese investments in the South American country.
The announcement, reported by Reuters, was made by China’s ambassador to Peru who also said that China Railway Engineering Corporation (CREC) plans to build a port in Ilo, in the south of the country.
The current port in Chancay, 58 km north of Lima, was last under control by mining group Volcan, which recently announced it was seeking a strategic partner.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
