Port of Corío in Arequipa: A megaproject that promises to transform Peruvian commerce

Published Jul 14, 2024

Tridge summary

Peru is investing in new port projects to boost its maritime trade, with the multimodal Port of Corío in the Arequipa region and the Chancay megaport. The Port of Corío, located in the province of Islay, is projected to move up to 100 million metric tons of cargo annually, supporting trade and the export of various products. Its deeper ocean depth of 28 meters allows larger ships. In contrast, Chancay megaport's depth is 17.9 meters. These projects are expected to have a significant economic impact, with Chancay generating $4.5 billion annually and creating 8,550 direct jobs, solidifying Peru's position as a key player in South American port development and global trade.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peru is positioning itself as a leading country in port projects. Among these projects, the Chancay megaport stands out, which, with its significant investment and strategic location, is emerging as a crucial point for maritime trade. However, in the south of the country, in the Arequipa region, a new competitor emerges: the port of Corío. This project promises to contribute significantly to the development and connectivity of the region, adding to the expansion and modernization of the country's port infrastructure. Puerto de Corío: What is this project about? Located in the province of Islay, the Port of Corío is a multimodal terminal that will include land, rail and air infrastructure. This ambitious project has the main objective of promoting trade in Peru and promoting the export of a wide variety of products. The authorities estimate that this initiative will be able to move up to 100 million metric tons of cargo annually, positioning Peru as a country with excellent ...

Source: Apnoticias