Investments in mega-projects are currently driving Peru’s economy and developing the Andean country’s infrastructure on land, air and water. The new capacities and connections open up business opportunities:
North of Peru‘2 capital Lima, the new port of Chancay is being built for over USD 3 billion, which will be able to handle the largest container ships from 2023 and will provide new capacities for trade with Asia and the most important neighboring countries such as Chile, Ecuador, Colombia and Panama.
In Lima, Jorge Chávez International Airport is being expanded at a investment of over USD 1.6 billion to triple its capacity and receive 25 million passengers annually from 2025. In addition, a free-trade zone and new warehouse will be integrated with the DP World port in Callao.
Also in the capital, the first subway line is currently being built for over 5 billion USD, which will connect the east and west of the megacity from 2024. The construction of 4 more underground metro lines are considered in the transportation plan oft he city.
Date: June 27, 2022
