Investment in Peruvian ports to boost Aceros Arequipa’s steel exports

Monday, 24 April 2017 23:49:50 (GMT+3)   |   Sao Paulo
       

Peru plans to invest $148 million in infrastructure and equipment improvement projects in 2017 as a way to boost the country’s trade competitiveness, according to an announcement from the Peruvian port authority, APN.
 
APN said it plans begin works at the country’s General San Martin Terminal Port by May this year. The project is expected to cost $12.1 million. The design, construction, financing and the operation of the General San Martin Terminal Port is Peru’s largest investment.
 
The announced investments are expected to help local steelmaker Aceros Arequipa boost its exports.

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