According to Moody’s, Sankey Megaport will boost Peru’s GDP growth

“The work is more than 40% complete and we hope to start operations in the last quarter of 2024,” he says. “Nowadays, it takes 35 to 40 days to go from South America to Asia (China, Korea or Japan), but ships arrive at the port of Sankey in 23 days because the connection is direct. Considering that Chile does not have a direct route to Asia,” he noted.

The executive notes that the construction of Sanke Port will create 1,300 direct jobs and around 8,000 indirect jobs due to the economic dynamics already seen in the region.

The design and construction project of Sanke Port has been developed since April 2011, and its total investment will exceed 3,400 million dollars, of which 1,315 million will be implemented in the first phase.

“There is an initial investment of more than 1.3 billion dollars for a project that will be the most important port in South America. Center regional (logistics hub),” says de las Casas.

“This is the first private port for public use in Peru, which will provide a great opportunity for the country’s economic development and foreign trade, putting us at a competitive level,” he added.

Sanke, a multi-purpose terminal

The port of Sanque is located on the central coast of Peru and South America, thanks to the exceptional natural characteristics of the bay and the availability of sufficient land to allow the harmonious development of a large integrated port and logistics complex. Strategic location due to its geographical location and connectivity.

The executive of Cosco Shipping Ports explains that the port of Sanque will receive larger vessels to meet the growth of port demand, reduce costs in the national and international market and positively affect the Peruvian economy.

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“Sanke is a multi-purpose terminal, it is not a bulk mineral export port. It is generally a project designed to handle bulk, grain and container bulk cargo and rolling cargo,” he says.

“In the first year we expect to move one million TEU containers (a measure to calculate the loading capacity of containers) and six million loose cargo,” he adds.

When the project was announced, it was mentioned that the aim of the future port would be to handle around 1.5 million containers per year (TEU) and stimulate the province of Lima with almost 10,000 new jobs.

Competitiveness

Likewise, de las Casas highlighted that the Sanque Multipurpose Port Terminal is one of the most modern and efficient logistics spaces in Peru, with the latest technology to receive the world’s largest container ships.

The infrastructure of Sanke Port will include four berths (two container and two multi-purpose), 730,000 square meters of dock operations area and 270,000 square meters of integrated support area at the entrance complex, which will house cranes..

Infrastructure components

Cosco Shipping Ports described the port of Sankey as having three components: The first is the port operations area, which includes breakwater docks, sea entry channels, maintenance areas and workshops, as well as storage areas for containers and bulk and roll-on cargo.

The second entry complex includes the vehicle port, entry gates, customs inspection area, administrative offices and logistics and support services area.

The third component is the tunnel, which is 1.8 kilometers long and will be part of a road corridor for cargo traffic related to port operations. The underground viaduct, which already has 50% drilling progress, will have three vehicle lanes, two conveyor belts for solid bulk and liquid bulk pipelines.

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Purpose of Sankey Port

Chinese company Cosco Shipping Port, which owns a 60% stake in Sankei Port, is part of the Ocean Alliance business group, which carries 39% of global container cargo and has a portfolio of terminals covering major regions. Mainland China, Southeast Asia, the Middle East, Europe, South America and the Mediterranean.

Cosco Shipping Ports has announced that the port of Sankey will begin operations in the last quarter of 2024 in conjunction with the celebration of the Asia-Pacific Economic Cooperation (APEC) Presidential Summit in Peru.

APEC consists of 21 Asia-Pacific economies: Australia, Brunei Darussalam, Canada, Chile, People’s Republic of China, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Korea, Chinese Taipei , Thailand, USA and Vietnam.

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