DP World invests $400 million in the Port of Callao in Peru

Port of Callao

 DP World has implemented a $400 million expansion project at the Port of Callao in Peru in South America, increasing container handling capacity at the southern terminal by 80 percent.

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

Our $400 million investment represents our firm commitment to supporting economic growth in the region and strengthening Callao’s position as a major logistics hub.

The Bicentennial Pier Expansion Project expands the pier from 650 to 1,050 metres, making Callao one of the few ports in South America that can accommodate three ships (or two mega ships) at once.

The project enhances handling capacity from 1.5 million TEU annually to 2.7 million TEU, and the area of ​​the container yard has been expanded to 40 hectares.