A massive Chinese-built deepwater port has been inaugurated near Chancay, a coastal town located 80 kilometers north of Peru’s capital, Lima. The unveiling of this significant infrastructure project coincided with the visit of Chinese President Xi Jinping for the 31st APEC Economic Leaders’ Meeting, highlighting strengthening ties between China and Peru.
The new port aims to connect Chancay directly to Shanghai, creating a maritime link that is expected to enhance trade and economic cooperation between the two nations. With this development, Peru positions itself as a pivotal gateway for trade between South America and Asia, potentially boosting economic growth and offering new opportunities for businesses and investors.
Peruvian officials have expressed optimism that the port will facilitate increased exports of Peruvian goods to the Asian market, while also attracting foreign investment and fostering regional development. The deepwater port is anticipated to handle large cargo ships, improving the efficiency of maritime logistics and supply chains.
The alignment of the port’s inauguration with President Xi Jinping’s visit underscores the significance of China’s role in major infrastructure projects in Peru and the broader Latin American region. The collaboration reflects a mutual interest in strengthening economic ties and promoting shared prosperity through enhanced connectivity.
The Chancay port project represents a milestone in Peru’s infrastructure development and its growing partnership with China. As the port begins operations, it is expected to open new avenues for trade, investment, and cultural exchange, benefiting not only the two countries but also contributing to the dynamism of global commerce.
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Chinese-built port in Peru aims to connect Chancay to Shanghai
cgtn.com
