DP World completes $400 million development at Callao

DP World completes $400 million development project at Callao

DP World has completed a $400 million extension project at the Port of Callao in Peru, increasing container handling capacity at the South Terminal by 80 per cent.

The Bicentennial Pier enlargement project expands the pier from 650 to 1,050 metres, making Callao one of the few ports in South America that can accommodate three vessels (or two mega-vessels) simultaneously.

The project boosts handling capacity from 1.5 million TEU per year to 2.7 million TEU, and the container yard area has been enlarged to 40 hectares.

Given its closeness to Lima and the expansion of adjacent Jorge Chávez Airport, the development has the potential to raise the Port of Callao to a regional logistics hub.

READ: DP World provides vehicle solution for Mexico-US trade route

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said: “The Bicentennial Pier project is a landmark achievement for us in Peru.

“Our $400 million investment represents our unwavering commitment to supporting region’s economic growth and solidifying Callao’s position as a premier logistics hub, setting a new standard for sustainable port operations in South America. We are proud to contribute to a greener future for Peru and global trade.”

READ: APMT Callao initiates $95 million cargo expansion

Carlos Merino, CEO of DP World in Peru and Ecuador, stated: “The completion of the Bicentennial Pier expansion marks a transformative moment for the Peruvian economy.

“This expansion significantly enhances our capacity and operational efficiency. In conjunction with other DP World ports in the region, it solidifies our commitment to enhancing the connectivity and economic vitality of Peru and the entire region.”

Recently, DP World announced major improvements in its port facilities in Peru and Ecuador to increase capacity and operational efficiency.

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