Callao Muelle Norte

active

The Project is to rehabilitate, develop and operate the multi-use north terminal (the “Terminal”) in the Port of Callao in Peru under 30 year concession agreement (the “Concession”). The Project represents phase 1 and 2 investments under the Concession and primarily consists of (i) constructing a new container berth, (ii) deepening the Terminal’s draft alongside to between 14-16 meters, (iii) installing the necessary cargo handling equipment, (iv) rehabilitating the existing grain berth, and (v) developing the Terminal''s supporting backup areas and infrastructure. Upon completion, the Terminal is expected to have the capacity to handle approximately 1.2 million twenty-foot container unit equivalents (“TEUs”) and approximately 10 million tons of general cargo per year.