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1199 COSCO SHIPPING Ports News Story

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Peru PM says China-built megaport should launch this year after exclusivity dispute

LIMA, April 4 (Reuters) - Peru's Prime Minister Gustavo
Adrianzen said on Thursday he expects to resolve a controversy
over a so-called megaport being built by China's Cosco Shipping
"in a positive way" and guaranteed its start-up by the end of
this year, as planned.
    Last month, Peruvian authorities said they hoped to fix an
"administrative error" giving Cosco exclusivity over the port's
operations, saying it was looking to annul its own decision
granting the exclusivity.

 (Reporting by Marco Aquino; Editing by)
 ((sarah.morland@thomsonreuters.com;))

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