In Peru, state private investment management agency, ProInversión, and the Ministry of Transport and Communications have jointly declared the proposed San Juan de Marcona port terminal as being in the public interest.
The port, which is located at the southern edge of the Bay of San Marcona de Juan, in the province of Nazca, will be privately financed by Jinzhao Peru Port Terminal and require investment in the region of $405 million. Its implementation will be undertaken via a public-private partnership, although the concessionaire will be asked to carry out the overall design, financing, construction, up-keep and operation.
The significance of the declaration of public interest is that it allows other interested parties to additionally enter the tender process, although they must do so within 90 days. Should none come forward, a direct award will be made to the instigators of the original project.
The new port will be able to handle dry and liquid bulk, as well as breakbulk and containers, although the main traffic will be export iron concentrates and other minerals, as well as supplies for the mining industry. Potentially, it could handle 19 million tonnes annually of Peruvian mining output.
The eventual operating concession, which will be for 30 years, will additionally require construction of a linking railway line, which will reach as far inland as Andahuaylas, in the Apurimac region.