Several months have passed since DP World, the multinational firm operating the South Pier of the Port of Callao, formally submitted its proposal to the Peruvian State to extend the term of its concession from 2036 to 2066.

This initiative is carried out under the recent update of the National Port System Law, a regulation that allows the extension of port concession contracts in exchange for large-scale private investment commitments that strengthen infrastructure and foreign trade competitiveness in the country.

The Works and Investment Execution Plan

In exchange for consolidating the operation of the South Pier for 30 more years, DP World proposes to execute a robust master plan for infrastructure and equipment exceeding US$1.3 billion.

In an exclusive interview with the newspaper Gestión, Marco Hernández, General Manager of DP World Callao, detailed the central axes on which the terminal is projected to be transformed:

  • Expansion of Operational Infrastructure: Expansion of mooring lines and greater capacity at piers for the simultaneous handling of mega-draft vessels (Post-Panamax and Neo-Panamax).
  • Cutting-Edge Equipment: Acquisition and integration of latest-generation Ship-to-Shore (STS) quay cranes and Rubber-Tyred Gantry (RTG) yard cranes with 100% electric and automated technology.
  • Modernization and Digital Logistics: Optimization of cargo loading and unloading flow, accelerating truck service and ensuring real-time digital traceability.
  • Commitment to Decarbonization: Consolidation of a green/sustainable terminal aligned with the firm's global electrification and carbon neutrality goals.

Strategic Impact and Regional Competitiveness

The realization of this addendum is strategic at a decisive moment for the logistics map of the South Pacific:

  1. Reinforcement of the Callao Port Hub: Allows maintaining hegemony and operational capacity against new port developments in the region.
  2. Efficiency for Foreign Trade: Greater operational capacity reduces waiting times, optimizes freight costs for agro-exporters and importers, and increases direct connectivity with Asia, North America, and Europe.
  3. Job and Investment Generation: The execution of the mega-works will boost the construction sector, generating direct and indirect jobs.

«The plan presented to the State not only seeks to add physical capacity but also to consolidate the South Pier as a highly technological, efficient, and sustainable logistics hub for the next 40 years.»

— Marco Hernández, General Manager of DP World Callao