One year after its grand opening, Peru's $1.3 billion Chancay megaport – constructed through collaboration with the Chinese mainland – is exceeding operational expectations while positioning itself as Latin America's next major Pacific trade gateway. Located 60 km north of Lima, the deep-water facility has already increased Peru's cargo handling capacity by 30% since November 2024.
"This project redefines South American maritime logistics," said Port Authority Director Marco Vargas during anniversary celebrations. "By 2027, we aim to reduce regional shipping times to Asian markets by 10 days through direct routes."
The port's strategic location and automated systems have attracted major global shipping lines, with 18 international partnerships signed this year. Analysts note its development aligns with growing Asia-Latin America trade, which reached $600 billion in 2025 according to UNCTAD estimates.
While environmental groups continue monitoring coastal impact, the project has created 15,000 local jobs and boosted ancillary industries. As night-shift cranes illuminate the Chancay coastline, this ambitious infrastructure experiment demonstrates how Asian engineering expertise is reshaping global trade patterns.
Reference(s):
cgtn.com







