DP World completes major expansion project at Port of Callao
01.07.2024
DP World has completed a major US$400 million expansion project at the Port of Callao in Peru, enhancing container handling capacity at the South Terminal by 80%.
The Bicentennial Pier expansion project extends the pier from 650 meters to 1,050 meters, making Callao one of the few ports in South America capable of accommodating three vessels (or two mega-vessels) simultaneously.
The project increases handling capacity from 1.5 million to 2.7 million TEUs per year, while the container yard space has also been expanded to a total of 400,000 m².
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, commented, "The Bicentennial Pier project is a landmark achievement for us in Peru. Our investment represents our commitment to supporting the region’s economic growth and solidifying Callao's position as a premier logistics hub, setting a new standard for sustainable port operations in South America."