Peru’s Chancay Port, a mega-project backed by China’s Belt and Road Initiative, is gearing up to rewrite the rules of trans-Pacific trade. Slated to open by late 2024, this port—just 70 km north of Lima—isn’t just another dock. It’s a direct lifeline connecting Latin America to Asia’s booming markets. 🚢💡
Built by Chinese state-owned COSCO Shipping, the port will slash shipping times from Peru to Shanghai from 60 days to a zippy 35 days. Imagine Peruvian avocados, copper, and coffee hitting Asian shelves faster than a TikTok trend goes viral! 📦✨
But this isn’t just about speed. Chancay’s multi-purpose design could turn Peru into a regional trade hub, boosting economies across Latin America. As CGTN’s Olivia He reports, it’s a win-win for cross-continental collaboration—think of it as the ultimate infrastructure glow-up. 🌟
With its strategic location and BRI backing, Chancay might just become the ‘Panama Canal’ of the Pacific, bridging continents and reshaping global supply chains. Game on, global trade! 🌍🤝
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Peru's Chancay mega port to become Latin America's gateway to Asia
cgtn.com