Peru to seek international partners for $10 bln coastal rail project (updated)

COSCO SHIPPING Ports

29/10/2024 19:18

(Adds details on projects, context throughout)
       CHANCAY, Peru , Oct 29 (Reuters) - Peru will pitch a
partnership to foreign governments to build a $10 billion rail
project as part of a major development plan centered on the
soon-to-be inaugurated Chancay port, the government's
transportation minister said on Tuesday.
    The project involves the construction of two railways, one
connecting the capital Lima south to the city of Ica, and the
other with the city of Barranca in the north, Transportation
Minister Raul Perez said during a press conference in Chancay,
on Peru's central Pacific coastline. 
        Perez did not give more details on how the rail project
will serve the port.
  
        The government plans to pitch it to officials from
China, the United States, Britain, Canada, France and Japan,
when representatives meet in Lima next month for the
Asia-Pacific Economic Cooperation summit.
  
        The Chancay port, which authorities hope will become a
major shipping hub for South America-Asia trade, will be
inaugurated in mid-November and 
    begin container shipping
     to Shanghai shortly afterwards.
  

 (Reporting by Marco Aquino; Writing by Brendan O'Boyle; Editing
by David Alire Garcia)
 ((Brendan.OBoyle@thomsonreuters.com;))