Consorcio Portuario e Inversiones Tuzel has put forward a $500 million investment proposal to build the Almirante Miguel Grau Port Terminal in Tacna, Peru. Essentially, this would involve construction of an entirely new port, which would serve southern Peru, and is already being reviewed by Tacna’s Regional Government. The initial proposal encompasses land acquisition, technical studies, construction and work oversight.
Significantly, the project is being backed by China’s Tianji International, whose involvement it is hoped will guarantee the viability of the project. In addition, the US-based company ANU Global Green Energy Holdings has indicated a strong interest in also being part of the port development, and already manages a portfolio of investments in the US, Brazil and Africa.
To further strengthen the case for the new port, the Regional Government has asked the Ministry of Transport and Communications to include the project in its Multi-Annual Public-Private Partnership (PPP) Investment Report, which would ensure the proposed port terminal was to be considered of national interest, which would help its next step forward as a public-private partnership.