{
  "id": 14285862,
  "title": "Peru governor touts Chinese interest in deep-water port pitched as Chancay alternative",
  "url": "https://urgent.news/2026/10/13/peru-governor-touts-chinese-interest-in-deep-water-port-pitched-as",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T20:10:35.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/news/china/article/3370786/peru-governor-touts-chinese-interest-deep-water-port-pitched-chancay-alternative"
  },
  "original_language": "en",
  "account": "Peruvian Governor Rohel Sanchez announced on Monday that several foreign investors, including Chinese firms, have shown interest in a planned US$844 million deep-water port in southern Peru. The governor of Arequipa, Sanchez, stated that investors from the US, China, and India have expressed strong interest in the project. He also mentioned that Turkey, the Netherlands, and South Korea were among other countries with an interest in the logistics park to be built alongside the terminal.\n\nThe port, proposed at Punta de Bombon in Islay province, boasts depths of between 20 and 28 meters (66 to 92 feet), significantly greater than the 18-meter depth at Chancay port north of Lima, which is operated by China's Cosco Shipping Ports. The smaller master plan for the Corio terminal has been adjusted to a multipurpose hub with a capacity of around US$800 million, developed in three phases, with an anticipated yearly cargo capacity of 2 million tonnes.\n\nSeveral companies from various countries, including China, have inquired about the project, but no specific company names have been disclosed. Proinversion, the state investment agency, is responsible for drafting tender rules and finding an operator to finance, build, and operate the terminal. According to industry sources quoted in Revista Economia, the tender process and finding an operator may take between five to six years due to the pending demand study.\n\nPeruvian officials have also employed the Corio port to attract American capital, aiming to counterbalance China's influence in the country's shipping sector. In June 2024, Bloomberg reported that the Peruvian government was presenting the port as an alternative to China's shipping dominance.",
  "summary": "A planned US$844 million port in southern Peru has drawn interest from several foreign investors, including Chinese companies, a regional governor said on Monday, as the government began promoting the project abroad. “Several companies have approached us. We have investors from the US, China and India who are very interested,” Rohel Sanchez, the governor of Arequipa, told reporters after signing…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reuters Business via SCMP",
        "title": "Peru governor touts Chinese interest in deep-water port pitched as Chancay alternative",
        "url": "https://urgent.news/2026/10/13/peru-governor-touts-chinese-interest-in-deep-water-port-pitched-as-14287513",
        "published": "2026-10-13T20:10:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}