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Chancay Port

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The Chancay Mega-port is a shipping terminal in Chancay, Peru, built by Cosco Shipping and Volcan, with a $3.5 billion investment and expected to generate $4.5 billion annually, creating 8,000 jobs. It is part of the Belt and Road Initiative and has a 60% Chinese ownership, with Peru's Volcan owning 40%. The port's first stage was completed by the end of 2024 and was inaugurated on November 14, 2024, with a maximum depth of 17.8 meters.learn more on wikipedia