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Indian, US and Chinese Firms Show Interest in Peru's $844 Million Port Project

The project’s master plan puts investment above $800 million and outlines a three-stage terminal for containers, break-bulk and dry bulk cargo.

  • Business groups from the United States, China, India, and the Netherlands have shown interest in the planned Corío port in southern Peru, Arequipa Governor Rohel Sánchez announced.
  • The National Port Authority approved the project's master plan on September 3, 2026, envisioning a multipurpose terminal in Islay province to accommodate container, break-bulk, and dry bulk cargo.
  • Officials presented the project to investors in Lima on Monday, October 12, 2026, noting the site's natural depth of 19 to 29 metres and a 34,596-hectare land allocation.
  • Despite the reported interest, no companies have been named, no tender process has commenced, and no financial commitments have been secured for the development, Sánchez clarified.
  • The official master plan estimates costs exceeding US$800 million, significantly lower than the US$7 billion figure previously cited by promoters, as the region aims to expand its logistics infrastructure.
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The Rio Times broke the news on Monday, October 12, 2026.
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