Peru Governor Says US, China Eye US$800 Million Port
Groups from the US, China, India and the Netherlands are interested in Peru's Corío port, Arequipa's governor says. No tender or investor exists yet. The post Peru Governor Says US, China Eye US$800 Million Port appeared first on The Rio Times .
Amparo Sánchez, the regional governor of Arequipa in Peru, claims that United States, China, India, and the Netherlands are showing interest in the planned Corío port. The port is situated in Islay province, along the Pacific coast of the southern Arequipa region. Governor Sánchez made this statement during an interview with RPP, a national radio network.
However, no company has been named, and no tender has been issued or funds committed. The project is currently in the stage where the state decides how to offer it to private investors. Sánchez stated that he met with business groups from the four countries, all of whom expressed interest in participating in the port. Additionally, Hyundai's CEO was also interested in green hydrogen and car industry projects in the region.
The Corío port would occupy 34,596 hectares of land, with 1,127 hectares designated for the core port and the remaining area for industrial, technology, and urban zones. The site's natural depth, ranging from 19 to 29 meters, would enable it to accommodate very large ships. The official process, however, is slower than Sánchez suggests.
The National Port Authority (APN) approved the master plan for the Corío terminal on September 3, 2026, estimating the investment at over US$800 million, significantly lower than the US$7 billion figure previously proposed. The APN is now in the process of assessing the project and, if deemed suitable, will promote it. The Corío port project is still at an early stage and requires further investment and commitment to become a reality.
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