APM Terminals proposes investments of up to US$ 1.3 billion to expand Callao concession

APM Terminals is preparing an investment proposal valued between US$ 1.2 billion and US$ 1.3 billion to drive a new stage of development for the North Dock of Callao and extend the terminal's concession for an additional 30 years.

José Carlos Maia, the company's Project Director, indicated that the initiative will be presented to the Peruvian Government and seeks to develop infrastructure both inside and outside the port, in a context marked by growing logistical demand and the transformation of the national port system.

"The next step will be to present this package of approximately US$ 1.2 billion or US$ 1.3 billion to extend the concession for 30 more years," he stated in an interview with Gestión.

Currently, the concession for the North Dock remains valid until 2041.

As explained by Maia, the proposal includes investments aimed at improving the terminal's operational capacity and solving logistical problems affecting Callao.

"We are talking about a foreport to definitively end congestion in the Callao region. We are also talking about internal investments within the port," he affirmed.

Among the initiatives is the construction of a foreport with capacity for 1,200 trucks, equipped with services for transporters and technological systems to manage cargo flow before entering the terminal.

The proposal also considers higher levels of merchandise inspection through scanning systems.

"We want a solution that combines infrastructure and technology. Our intention is to scan 100% of the cargo," he said.

The new package would be added to the so-called stage 3B of the terminal's modernization, which contemplates investments close to US$ 550 million between 2026 and 2030.

The works include the reconstruction and expansion of dock 5C, the incorporation of new equipment for container handling, improvements in storage yards, and the modernization of internal accesses.

With these works, APM Terminals expects to increase the terminal's capacity from approximately 1.3 million to 1.75 million containers per year.

Likewise, general cargo capacity would increase from 13.5 million to 18 million tons annually.

The company maintains that these investments will allow it to accompany the growth of Peruvian foreign trade and strengthen the logistical competitiveness of the country's main port.

---

Source: apam_nacionales