US invests in Peru’s Callao as port battle with China’s Chancay megaport continues
AI Summary
The United States paid $4.5 million to design a port infrastructure program at Callao, Peru, as the country expands its busiest port and relocates its main naval base. The initiative comes amid competition with the Chinese-controlled megaport at Chancay, less than 80 kilometers away.
The United States has paid to design a port infrastructure programme at Callao, the US State Department said on Thursday, as Peru moves its main naval base to expand the country’s busiest port, which rivals a Chinese-controlled megaport less than 80km up the coast at Chancay. The US$4.5 million payment was disclosed in a note on a trip to Peru and Colombia earlier this month by Thomas DiNanno, State Department undersecretary for arms control and international security, whose remit includes...