The Port of Chancay drives the economic growth of Peru.

The Port of Chancay, an ambitious infrastructure expected to begin operations in November of this year, is already generating significant socio-economic benefits for Peru, as reported by the Peruvian Association of Port Operators (Asppor). According to Asppor, the port construction has been a true driver of growth in the region, creating over 1,500 direct jobs and at least 7,500 indirect jobs. This positive impact extends beyond just job creation, as it has stimulated the local economy and attracted investments in sectors such as construction and logistics. Favio León, president of Asppor, emphasized that the construction of the Port of Chancay has led to a general revaluation of the area, with projections for both industrial and logistic real estate development. Additionally, the installation of a shopping center in the area has been confirmed, showcasing the economic growth potential that this project represents. The economic impact of the Port of Chancay goes beyond investment figures (amounting to US$1.3 billion), as it is expected that once operational, it will help alleviate congestion at the Port of Callao and become a natural price regulator in the national logistics chain. According to León, the port will open up opportunities for national producers by improving logistical efficiency and reducing costs in key production chains such as poultry. Furthermore, it is expected to facilitate the flow of import and export vehicles from the north, as well as optimize logistical routes by leveraging strategic penetration roads. Direct interconnection with the Asian market through the Port of Chancay will also bring benefits to perishable goods, allowing for a quicker and more efficient arrival to destinations that were previously hard to reach. Additionally, the creation of regional distribution centers and new trade opportunities with Brazil through the Pacific are foreseen. In summary, the Port of Chancay not only represents a significant investment in port infrastructure, but also promises to drive economic development and competitiveness for Peru on an international level. With its upcoming start of operations, it is expected that this project will continue to generate benefits at both the local and national levels in the coming years.