Congress seeks to organize thousands of hectares to make the Corío megaport viable.
The approved ruling proposes to regularize and transfer properties to prevent invasions, property conflicts, and other obstacles that could affect the US$7 billion investment in the Corío port.
The Congressional Housing Commission approved a ruling aimed at resolving the control and regularization of the land where the Corío megaport (Arequipa) would be developed, an initiative that would require an investment of around US$7 billion. Although the project was already declared of national interest in 2022, the parliamentary proposal recognizes that mechanisms are still needed to organize property ownership.
Thus, the aim is to organize, regularize, and secure the land where the future port, logistics platform, industrial zone, and the so-called port city are planned to be built.
In other words, before attracting investors or building docks, the State needs to have legal and physical control over the territory where the project will be developed.
Therefore, the ruling declares the comprehensive execution of the Corío Americas Multimodal Logistics Hub Megaport and the physical-legal regularization of the land designated for its implementation to be of national interest.
