Tag: COSCO

• Saturday, June 1st 2024 - 09:38 UTC

  Chinese mega port in Peru expected to become operational in first quarter of 2025

  

  Chinese investors who have poured millions of dollars into the Chancay mega-port on the coast of Peru, along the Pacific basin and which hopefully in the near future will have land connections to Latin America's largest economy,

• Friday, May 19th 2023 - 10:20 UTC

  Construction of Chinese multipurpose mega port in Peru runs into trouble

  

  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.