Published 2 days ago • loading... • Updated 3 hours ago
Indian, US and Chinese Firms Show Interest in Peru's $844 Million Port Project
The project’s master plan puts investment above $800 million and outlines a three-stage terminal for containers, break-bulk and dry bulk cargo.
Business groups from the United States, China, India, and the Netherlands have shown interest in the planned Corío port in southern Peru, Arequipa Governor Rohel Sánchez announced.
The National Port Authority approved the project's master plan on September 3, 2026, envisioning a multipurpose terminal in Islay province to accommodate container, break-bulk, and dry bulk cargo.
Officials presented the project to investors in Lima on Monday, October 12, 2026, noting the site's natural depth of 19 to 29 metres and a 34,596-hectare land allocation.
Despite the reported interest, no companies have been named, no tender process has commenced, and no financial commitments have been secured for the development, Sánchez clarified.
The official master plan estimates costs exceeding US$800 million, significantly lower than the US$7 billion figure previously cited by promoters, as the region aims to expand its logistics infrastructure.