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MercoPress, en Español

Montevideo, November 5th 2024 - 11:30 UTC

Tag: Chancay

  • Saturday, October 5th 2024 - 10:54 UTC

    China-funded port in Peru poses threat to Chilean foreign trade operations

    Chancay is scheduled to open in November

    A China-sponsored mega-port north of Lima is expected to revolutionize trade between Asia and South America. It would also jeopardize the future of seashore facilities in northern Chile which might lose some of their traffic share once the Chancay Megaport is opened. Works are 93% completed and are due to be finished in November.

  • Friday, May 19th 2023 - 10:20 UTC

    Construction of Chinese multipurpose mega port in Peru runs into trouble

    COSCO is building a 1.8 km tunnel under a residential neighborhood in the city of Chancay to connect the port with a highway

    Peru's Prosecution Office has launched an investigation into China’s COSCO Shipping Ports Ltd after a landslide at one of the company’s tunnel construction sites at the major mega-port of Chancay in the country. The incident, which took place in the coastal province of Huaral, damaged at least four houses near the tunnel and forced the company to suspend construction.