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Chancay Port Opens: Boosting Peru-China Trade and Latin American Connectivity
The newly opened Chancay Port in Peru, a China-Peru collaboration under the Belt and Road Initiative, launched on November 15, 2023, reducing shipping times between China and Peru by 23 days and logistics costs by at least 20 percent, and is expected to contribute 0.3 percent to Peru's GDP.
Chancay Port Opens: Boosting Peru-China Trade and Latin American Connectivity
The newly opened Chancay Port in Peru, a China-Peru collaboration under the Belt and Road Initiative, launched on November 15, 2023, reducing shipping times between China and Peru by 23 days and logistics costs by at least 20 percent, and is expected to contribute 0.3 percent to Peru's GDP.
Progress
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Decent Work and Economic Growth
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