Financial Ports

DP World offers $1.47bn to lock in Callao for 30 more years

CLAVE 1 / 4DP World proposes a 30-year extension of its Callao concession, pushing the end date to 2066.

CLAVE 2 / 4The deal hinges on a $1.47bn investment programme to expand terminal capacity and build a truck staging facility.

CLAVE 3 / 4South Pier handled 2.079m teu last year, accounting for 62.5% of Callao’s container throughput.

CLAVE 4 / 4Cosco’s Chancay megaport has intensified competition along Peru’s coast, prompting DP World’s expansion push.

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