The importance of Chancay Port Terminal in the peruvian Pymes

Abstract

The Chancay Port Terminal represents a strategic infrastructure project for the development of Peruvian SMEs. Located north of Lima, it will enable direct trade connections with Asia, reducing shipping times from 45 to 30 days. This port will facilitate the import and export of goods, enhancing competitiveness, logistics, and market access for SMEs, especially in the agro-export sector.

With an estimated investment of $3.5 billion, the megaproject will accommodate large-scale vessels and is projected to contribute up to 1.8% of the national GDP. It is positioned to become a regional hub integrating trade routes with Brazil, Chile, Colombia, and Ecuador.

Additionally, economic corridors, special economic zones such as “Chancay Park,” and new urban infrastructure will strengthen national value chains. The port also carries geopolitical significance due to the involvement of the Chinese company Cosco Shipping Ports.

This project presents a key opportunity for SMEs to access international markets, reduce logistics costs, and promote the country's economic development.