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China advances with the construction of a megaport in Peru and facilitating logistics for Brazil, with capacity to receive giant ships of up to 18 thousand containers

Written by Rafaela Fabris
Published 09/08/2024 às 23:55
China advances with the construction of megaport in Peru, and facilitating logistics for Brazil in trade
Image: MJ/Disclosure

The construction of the megaport by China in Chancay promises to transform the Peruvian Pacific coast and intensify the dispute for influence in South America.

A China is betting big on megaport construction in Chancay, a peaceful town on the Pacific coast of Peru, with the aim of solidifying its presence in South America and, at the same time, challenging United States hegemony in a region historically considered Washington's backyard.

A China is increasingly present in Latin America, and your latest move strategic is the megaport construction in Chancay, a quiet town about 60 km north of Lima, the capital of Peru. What was once an area known only for its seaside castle and local traditions is now poised to become one of South America's largest logistics hubs.

China promises to revolutionize with this construction

O megaport, which is under construction in partnership between the Peruvian company Volcan and the Costco shipping port, from China, promises to revolutionize the way Chinese products reach the continent. With the capacity to receive giant ships of up to 18 thousand containers, this port will far surpass the country's current infrastructure, which to date accommodates ships with a maximum capacity of 15 thousand containers.

But why does this matter so much? Well, the China is clearly eyeing the South American market, and this megaport construction in Chancay it is a move calculated to facilitate the access of its products to the continent. Today, only two ports in America can receive these huge ships: Long Beach, in the USA, and Manzanillo, in Mexico. This means that Peru, with the new port, will be directly connected to the largest market in the world, without intermediaries, saving significant time and costs.

Megaport needs a robust support infrastructure

China advances with the construction of megaport in Peru, and facilitating logistics for Brazil in trade
Image: AFP Portuguese/Disclosure

However, the grandeur of the project also brings challenges. THE megaport needs robust supporting infrastructure, such as roads and railways, to ensure that cargo reaches its final destination without delays. Without these improvements, the flow of goods can become a true logistical nightmare, like a body without veins, as critics point out.

The political and economic impact of this initiative should not be underestimated. THE China is clearly seeking to strengthen its influence in the region, which raises concerns in the US, which has long viewed Latin America as part of its sphere of influence. In a scenario of increasing global competition, this project could redefine alliances and tensions.

Megaport from Chancay

The forecast is that the megaport de Chancay will be operational in 2024, coinciding with the APEC summit, where the Chinese president and other global leaders are expected to be present for the official inauguration. This event will be a milestone not only for Peru, but for all of South America, placing the China even more in the global spotlight.

Meanwhile, many in the region are closely watching developments, aware that this megaport construction It is not just a question of trade, but of global power and influence. And you, what do you think of this dispute? Will Peru benefit or will it be just another pawn in the superpowers' geopolitical game?

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Rafaela Fabris

Talks about innovation, renewable energy, oil and gas. Updates daily on opportunities in the Brazilian job market.

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