Andina

President: Investment in Bicentennial Dock is palpable proof of confidence in Peru

Photo: ANDINA/Presidency of the Republic of Peru

Photo: ANDINA/Presidency of the Republic of Peru

14:18 | Callao (Callao region), Jun. 20.

The US$350 million investment in the Bicentennial Dock, inaugurated at Callao Port today, is palpable proof of the commitment and unwavering confidence that investors have in Peru, President Dina Boluarte stated on Thursday.

"Peru is an attractive destination and reliable partner for investments; our economic policy, characterized by discipline, commercial openness, and legal certainty, continue to open up opportunities for the development of our compatriots," she indicated. 

Within this framework, Mrs. Boluarte reaffirmed the Government's political will to keep intact the interest in continuing to receive responsible and sustainable investments, as these are essential for economic reactivation nationwide.

"It is my Government's commitment that the private sector consolidate itself as an ally for the homeland's modernization and development, contributing to poverty reduction and positioning Peru as a prosperous country before the world's eyes," she noted.

Similarly, the top official specified that the Bicentennial Dock will expand Callao Port terminal's total capacity by 80%, going from 1.5 million 20-foot containers per year to 2.7 million, which will make it the largest container terminal on South America's west coast.

The president affirmed that this new dock —the largest in the country where three ships can operate at the same time— adheres to the objective of turning Peru into the region's largest logistics port center.

"This connection point includes the Jorge Chavez International Airport, which must be completed to welcome the APEC forum; the Callao Port Terminal; the Chancay Port Terminal; and the future Ancon Industrial Park, works that generate jobs and social development for everyone," she stated.

Mrs. Boluarte specified that Peru's port system has an investment portfolio worth over US$8 billion, in which private participation is promoted. It includes the Chancay Port and San Juan de Marcona's new port terminal, recently awarded.

"Here you can invest safely; we respect investment and rely on legal stability; the game rules are clear. With political determination and work, we aim for the economy to continue growing strongly, proof of this is that we grew 5.28% in April compared to the same month the previous year," she said.

According to the president, this is the highest monthly growth rate since December 2021, which is why she deemed it very important for Peru to continue to maintain respect for democracy, the rule of law, and the institutional framework.

"We, Peruvians, deserve a better quality of life, poverty reduction, continued peaceful growth, as well as collaborative efforts with regional-local governments, and other countries to make Peru prosperous and developed," she stated.


(END) FHG/CVC/MVB

Publicado: 20/6/2024