Chinese company to help build Peru port

Another Chinese firm has won a contract to build a new port terminal in the south of Peru, the latest project in the construction of a network of ports that could reshape how goods flow between Latin America and Asia.

Jinzhao Peru, the local subsidiary of a Chinese construction firm, will build the country's third-largest port, San Juan de Marcona, and continue to redefine how goods move in and out of the west coast of South America. In the north of the country, COSCO Shipping Ports is building the huge Chancay Multipurpose Port Terminal.

Peru announced on March 22 that it had awarded the tender to build the port in the southern region of Ica, near the Pampa de Pongo iron project, which Jinzhao is also developing.