New Marcona Port Terminal would boost investments of more than US$ 15,000 million in the south of the country

The Private Investment Promotion Agency (PROINVERSIÓN) reports that the development of the “New Port Terminal of San Juan de Marcona” project would reactivate investments for more than US$ 15,000 million in the south of the country and will impact economic growth, generation of employment, improvement of income and quality of life of the population in the area of ​​influence.

This multipurpose port project, declared of interest by the State, requires an approximate investment of US$ 405 million and will benefit 29 provinces and 280 districts in the regions of Ica, Ayacucho, Apurímac, Cusco and Arequipa.

Its implementation will reactivate at least nine (9) iron, copper, zinc and molybdenum mining projects in the southern zone, such as Pampa del Pongo (US$ 2,000 million), Hierro Apurímac, Mina Justa, Inputs, Tailings Exploitation , Los Chancas, Antilla, Trapiche and Constancia.

Likewise, this public port will allow the development of new industrial, commercial and service projects in the area of ​​influence linked to import and export activities.

It could also promote the development, at the expense of the State, of the Andahuaylas – Marcona Railway of approximately US$ 5,000 million, with the aim of energizing the southern mining corridor; The Ministry of Transportation and Communications (MTC) has been completing the studies of this project.

Additionally, the New Terminal could reactivate the development of the petrochemical industry in the south of the country, with an investment of more than US$ 2,000 million.

In that sense, this great project – which will be the third largest port in the country, surpassed by El Callao and Chancay – is aimed at being the great driver of the economic growth and development of Marcona and the south of the country.

In terms of tons of cargo, the Port of Marcona has contemplated an average annual demand of 19 million tons and potential of more than 40 million tons; while the ports of Callao (Muelle Norte and Muelle Sur) moved 35.7 million tons of cargo and Chancay anticipates 34 million tons of cargo, respectively.