In a significant move to boost global trade, the opening ceremony of Chancay Port was celebrated via video link by Chinese Premier Xi Jinping and Peruvian President Dina Boluarte. This new deep-water port is heralded as the first smart and green port in Latin America, poised to transform Peru into a key gateway connecting Asia and Latin America.
Premier Xi emphasized that Chancay Port will play a crucial role in enhancing Peru's position by reducing sea shipping time to China to just 23 days, cutting logistics costs by at least 20%. He highlighted the port's potential to generate substantial revenues and create over 8,000 direct jobs, marking a significant stride in economic development.
President Boluarte expressed pride in the partnership, stating that the port's inauguration is a historic achievement for Peru. She noted that the project, aligned with China's Belt and Road Initiative, is instrumental in Peru's vision of becoming an international shipping and trade center. Boluarte added that Chancay Port will drive regional integration and prosperity, making Peru an indispensable link between Latin America and Asia.
The collaborative effort between China and Peru underscores a commitment to shared growth and mutual benefits, aiming to foster a win-win scenario for both nations. As Chancay Port begins operations, it is expected to enhance Peru's competitiveness on the global stage and deliver tangible benefits to its residents.
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Xi, Boluarte attend opening ceremony of Chancay Port via video
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