Chancay Port, invested by China COSCO SHIPPING Corporation Limited, and constructed by central state-owned enterprises including China Communications Construction Company Limited and China Railway Engineering Co., Ltd., is located 80 kilometers north of Lima, the Peruvian capital.
It is a key project jointly built by China and Peru under framework of the Belt and Road Initiative. Following its opening, the one-way shipping time between China and Peru will be reduced to 23 days, saving over 20 percent in logistics costs. The port is expected to create more than 8,000 direct job opportunities in Peru annually.
