05:58 PM
China is building a megaport that has the United States worried. The work is located in Chancay, Peru, and would be inaugurated in November of this year.
The megaport has a 60% stake in the Chinese company Cosco Shipping, which belongs to the Asian giant. Ocean Alliance, a business group that transports 39% of global container cargo and has influence in the port regions of mainland China, the Middle East, Southeast Asia, Europe and the Mediterranean.
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The work is located in a strategic point 70 kilometers from the city of Lima, capital of Peru, has an investment of 3.5 billion dollars and is 80% complete. Also It will be the first South American megaport in the Pacific that will be able to receive megaships.
The megaport would have a significant impact on trade relations with the Asian power; it is expected that exports from Lima to Shanghai will go from 40 days to last only 25, in addition to benefiting clients from neighboring countries such as Brazil.
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According to international media, this generates concern in Washington because China would be controlling large amounts of infrastructure in Peru, since according to The Financial Times, the United States would have expressed its concern last year to Dina Baluarte, president of Peru. . Also, according to The Wall Street Journal, the fear is that this will serve to strengthen Beijing’s influence over resources in the region.
The launch of the Chancay megaport would be launched at the end of this year at the Presidential Summit of the Asia-Pacific Economic Cooperation Forum, where the visit of Chinese President Xi Jinping is scheduled.
