Peruvian bounce
NewsChancay Port, a US$ 3.5b mega project, aims to become South America’s main Asia trade hub. It will handle 18,000+ TEU ULCVs, have automated operations, and an adjacent economic zone.
Pisco plans delayed
Peru’s public investment entity, Proinversión, is not now expected to issue a new concession for the port of Pisco until early 2010. Under the original timetable, the process was to have been completed by 18 December this year. However, problems with formulating the exact terms and conditions of the tender have resulted in more delays.
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