On November 14, Chinese President Xi Jinping and Peruvian President Dina Boluarte jointly inaugurated the Chancay Port, a mega-port located approximately 80 kilometers north of Lima, Peru’s capital. This significant event marks a milestone in China-Latin America cooperation, as the Chancay Port becomes the first smart and green port in South America.
As a flagship project under the Belt and Road Initiative (BRI), the Chancay Port is set to facilitate more convenient trade between China and Latin American countries, responding to the growing demand for bilateral trade. The phrase “From Chancay to Shanghai” has resonated throughout Peru, symbolizing the deepening ties and shared aspirations between the two regions.
The new port is expected to enhance the integrated development of Latin America and the Caribbean by creating a vital land-sea corridor. By streamlining logistics and reducing transportation times, the Chancay Port will open new opportunities for entrepreneurs, investors, and businesses on both sides of the Pacific.
The inauguration of the Chancay Port not only signifies infrastructural advancement but also represents a commitment to sustainable and innovative development. As the first smart and green port in South America, it incorporates cutting-edge technologies and eco-friendly practices, setting a new standard for future port projects in the region.
The enhanced connectivity is poised to boost economic growth, cultural exchanges, and mutual understanding between China and Latin American countries. With the Chancay Port operational, the prospects for a brighter shared future become more tangible, promising benefits for global readers, business professionals, academics, the Asian diaspora, and travelers interested in Asia’s dynamic role in global affairs.
Reference(s):
cgtn.com
