The investment will be used to improve the terminal’s infrastructure, including a new multipurpose berth that will have a breakwater that allows the handling of vessels up to 60,000 DWT; also, a mineral storage warehouse with a capacity of 40,000 metric tons will be built. The project aims to boost mineral export capacity (especially copper) by 50%, increase berthing by 25%, and include new specialized docks and storage
Description
Peru is advancing a $700 million+ expansion of the Matarani Port in Arequipa, operated by Tisur (backed by Global Infrastructure Partners/BlackRock), set to modernize infrastructure by 2025–2029.