DP World Callao’s will invest $333.6m in the expansion which includes the expansion of the current pier to 960m from 650m, the expansion of the storage area to 30.3 hectares and the installation of two new quay gantry cranes.
"With these works, the South Pier and DP World Callao continue working for a much more competitive terminal with world standards, in order to boost foreign trade and contribute to the dynamisation of Peru’s economy,” said Edgar Patiño Garrido, Chairman of the National Port Authority Board of Directors.
With this investment, Callao South Pier Terminal will have the capacity to simultaneously handle up to three neo-panamax vessels, which are more than 300m-long and have a capacity to move around 14,000 teu.
Works are expected to begin by early 2022.
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