DP World has successfully concluded a significant $400 million expansion project at the Port of Callao in Peru, marking a milestone in enhancing global trade connectivity on South America’s west coast.
The completion of the Bicentennial Pier expansion extends the pier length from 650 meters to 1,050 meters, positioning Callao among the elite ports capable of handling three vessels concurrently or two mega-vessels. This expansion amplifies the South Terminal’s container handling capacity by an impressive 80%, soaring from 1.5 million TEUs annually to 2.7 million TEUs. The container yard has also been expanded to cover 40 hectares, facilitating more efficient logistics operations.
DP World’s investment underscores its commitment to bolstering Latin America’s infrastructure. Proximity to Lima, coupled with synergies with Jorge Chávez Airport, elevates Callao beyond a mere port into a pivotal logistics hub for the entire region.
Sultan Ahmed bin Sulayem, DP World’s Group Chairman and CEO, emphasized the project’s significance: “The Bicentennial Pier project stands as a testament to our dedication to fostering economic growth in the region and cementing Callao’s status as a premier logistics hub. This initiative sets new benchmarks for sustainable port operations in South America, advancing our vision for a greener future in global trade.”
Carlos Merino, CEO of DP World in Peru and Ecuador, highlighted the economic impact of the expansion: “The Port of Callao serves as Peru’s economic nucleus, handling over 90% of the nation’s containerized goods, with a majority passing through the South Terminal. This expansion enhances our capacity and operational efficiency, solidifying our commitment to bolstering Peru’s economic vitality.”
Beyond capacity enhancements, the project integrates cutting-edge electric-powered infrastructure, including 15 electric cranes and 20 electric ITVs (internal transport vehicles), setting a precedent for sustainable port practices in the region. Notably, the terminal now boasts Latin America’s first 2-megawatt electric truck charging station, expected to reduce CO2 emissions by over 2,000 tons annually.
Merino added, “This expansion signifies more than increased capacity; it signifies a paradigm shift towards sustainable port infrastructure in South America. By embracing state-of-the-art technology and sustainable practices, we pave the way for a greener and more efficient future in global trade.”
DP World’s $400 million investment in the Port of Callao represents a pivotal moment for Peru’s economic landscape, fortifying its position as a key player in global trade and sustainability initiatives.
