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Port of Callao will be modernized with an investment of US$ 780 million

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The modernization of the port of Callao will extend over the next ten years with an investment of 780 million dollars announced today the president of the National Port Authority (APN), Frank Boyle.

He explained that the planned investment in the concession to APM Terminals Callao, to improve the infrastructure of North Multipurpose Terminal, may be increased by about 100 million if the company requires it.
And if you consider “the option of undertaking the development of the West Terminal of the port of Callao, that the concessionaire may decide until 2016, the level of investment could rise to over 1,000 million dollars,” he said.

Improvements in the first and second stage of the North Terminal will begin in Mayand end in 2014, “while later phases will address the downtown area, where we have to develop the container yards,” he added.

The first two phases have a budget of US$ 206 million and 101 million, respectively,and will improve the grain unloading system and will also allow expanding the number of berths and install three super post panamax cranes.

Boyle also announced the addition in April of two new mobile cranes to speed upsupport container traffic.

The chairman of the APN made ​​the announcement the same day he met the improvement of the Quality Index Port of Peru in more than ten positions over the past four years, according to the Supervisory Body of Investment in Public Transport Infrastructure  (Ositran).

Sources: EFE, El Comercio

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