Peru has reduced its port infrastructure gaps by between 90% and 95% over the past two decades, according to Jorge Chávez, general manager of the country's National Port Authority (APN). The advance was driven mainly by private investments made through concessions and direct contributions to the sector.
During his assessment of Peruvian port development, the executive also highlighted regulatory changes that allow extending concession contracts by up to an additional 30 years. The measure seeks to stimulate new investments, accelerate works, and avoid prolonged periods without expansion of terminal capacity.
According to Chávez, the results were achieved alon…
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