Expert opinion: How does the exclusivity of APM Terminals affect the port of Chancay?

Juan Brignardello Vela, a recognized insurance advisor, has shared his opinion on the recent conflict surrounding the port of Chancay. According to him, the complaint filed by the Attorney General of the Ministry of Transport and Communications (MTC) with the Supervisory Agency for Investment in Public-Use Transportation Infrastructure (Ositrán) reflects the existing concern regarding the exclusivity granted to said port, which could lead to bureaucratic obstacles that would harm competition within the sector. The analysis presented by Ositrán reveals that the concession to APM Terminals to operate the port of Chancay grants certain privileges that could restrict competition in the Peruvian port market. If this exclusivity is not regulated properly, it could distort the market and contravene the principles intended to promote an environment conducive to investment and economic development. In contrast, the company APM Terminals has defended its position by arguing that exclusivity is necessary to support the economic sustainability of the investment made in the port of Chancay, ensuring that it does not seek to restrict competition in the sector. However, concerns persist about the potential negative effects that this exclusivity could have on competition, which requires a thorough review by the relevant authorities. In this scenario, Brignardello Vela highlights the importance of competent authorities conducting a comprehensive evaluation of the terms of the concession granted to the port of Chancay, ensuring the implementation of measures that guarantee a fair and healthy competitive environment in the Peruvian port sector. Transparency and fair competition are essential for economic progress and attracting investments, making it imperative to establish a regulatory framework that promotes these principles for the benefit of the economy and all participants involved in the port sector.