Callao Muelle Norte

completed

The Project represents stage 1 and stage 2 investments required under the Concession Agreement signed between APM Terminals Callao (the “Company” or “APMTC”) and the Government of Peru (GOP), in order to develop the existing North Dock (the “Terminal”) in the Port of Callao. The Project is designed to (i) modernize and expand the Terminal’s container handling facilities to world class standards, and (ii) improve the efficiency of the Terminal’s non container handling facilities. It includes demolishing and rebuilding the Terminal’s main container and grain handling berths, constructing a new container berth to establish a new 660 meter container quay, installing new container handling equipment, and developing the container yard and supporting infrastructure. Upon completion, the Terminal is expected to have an annual capacity of 1.2 million twenty-foot equivalent units (“TEUs”).