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DP World General Manager, Marco Hernández, stated that they seek to extend the concession in Peru.
DP World aims to double its terminal's capacity, improve port access, and build a foreport. Its General Manager, Marco Hernández, warned that the current capacity could become constrained by 2028.
DP World, operator of the South Pier at the Port of Callao, is preparing a new US$1.3 billion investment to expand its terminal's capacity and proposes to extend its concession contract, which currently expires in 2036, for an additional 30 years.
DP World Peru General Manager, Marco Hernández, explained that the project includes not only new works within the port infrastructure but also improvements in road connectivity to Callao.
"We want to continue investing, we must continue growing," Hernández said in an interview with Negocios 360 on RPP.
The proposal includes US$250 million for roadworks and the foreport, another US$250 million for infrastructure and equipment improvements, and over US$800 million to build a new berth that would allow the terminal's current capacity to be doubled.
Hernández stated that the growth in container movement makes it necessary to accelerate investments. DP World expects to close 2026 with approximately 2.2 million 20-foot equivalent units (TEU) mobilized.
By 2028, the company projects reaching between 2.5 million and 2.6 million TEUs, a level that, according to the executive, could lead to operating practically at the limit of available capacity.
"If we do not make investments, tomorrow there will be a turning point in 2028," he warned.
The executive noted that operating near the limit could generate greater risks of congestion and ultimately affect the competitiveness of Peruvian products.
One of the main problems facing Callao is congestion on its access roads. Therefore, DP World's proposal includes interventions outside the strictly port area.
Source: apam_nacionales
