ProInversión signed the concession contract for the development of the San Juan de Marcona Port Terminal with the Sociedad Concesionaria San Juan Port S.A., in Marcona, Ica, Peru.

With an investment of US$405 million, the project will benefit 29 provinces and 280 districts across the regions of Apurímac, Arequipa, Ayacucho, Ica, and Cusco. The New Port Terminal of San Juan de Marcona also marks the first project signed by PROINVERSIÓN in its role as the granting authority, under its expanded mandate to drive and lead major strategic investments in the country.

The project will be executed under a Public-Private Partnership (PPP) model and includes the design, financing, construction, operation, and maintenance of the new terminal, which will become the third largest port in Peru, after Callao and Chancay, strengthening national port capacity and the competitiveness of foreign trade.

It will have two piers, three berths, and specialized equipment to handle different types of cargo, such as bulk, general cargo, and containers, which will streamline the transport of goods and improve the logistical connectivity of southern Peru.