LatinNews Daily - 13 May 2025

*Peru’s investment promotion agency (Proinversión) has announced a planned public-private investment project to modernise four ports at an estimated cost of US$580m. The plans would develop the international terminal in the city of Chimbote, Áncash region, with Proinversión seeking US$262m; a new port terminal in Pucallpa, Ucayali region, for US$185m; and two new port terminals in Loreto region for a combined US$132m – one in Sinchicuy, near the regional capital Iquitos, and the other in the town of Saramiriza. Proinversión said that these four projects are “an important step for the modernisation of the national port system” and will “improve logistical efficiency, reduce transport times and costs, and encourage private investment, strengthening Peru’s economic integration with international markets, especially in the most remote regions of the country”.

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