Located on the Pacific coast of South America, about 80 kilometers north of Lima, the multi-purpose port of Chancay is poised to become a transformative force in regional trade. As a key Belt and Road Initiative project between the Chinese mainland and Peru, it is expected to start operations late this year.
The Chancay Port will serve as a new hub and gateway to the Pacific for Latin America. Its strategic position is anticipated to enhance connectivity, facilitate commerce, and boost trade between Latin America and other global markets.
Local communities are already discovering business opportunities and preparing for a new era of booming trade. The port’s development is expected to bring economic growth, create jobs, and open doors for entrepreneurs in the region.
The anticipation surrounding the port’s completion reflects its potential to reshape trade dynamics and strengthen economic ties between Peru and the Chinese mainland. As the port gears up for operations, stakeholders across various sectors are optimistic about the future it heralds.
Reference(s):
cgtn.com
