The environmental management approach at APM Terminals Callao was recently given the greenlight to kick off Stage 3 construction works at the Multipurpose North Terminal. The authorization was given by the General Directorate of Environmental Affairs (DGAAM) of the Ministry of Transport and Communications (MTC).
The work will include building two continuous grain unloaders and a battery of vertical silos. These silos will be capable of storing 60,000 tons of clean grains in free flow. Additionally, 2.13 hectares of paved area and significant upgrades to the general cargo access gate will be part of it. With this milestone as well as the National Port Authority’s (APN) authorization of the technical file, APM Terminals Callao could carry on with the northern terminal redesign.
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APM Terminals Callao, along with its shareholders, is expected to increase the amount to US$95 million in this stage. It is contractually anticipated that the investments related to these works will reach a total of US$69 million. In this way, the company demonstrates its continued commitment to infrastructure and port sector development. This is for the greater good of Peru and all Peruvians.
The Ministry of Transport and Communications approved the environmental approach required to carry out the significant port investment. APM Terminals Callao CEO Lars Vang Christensen also expressed his delight with the decision. He emphasized how this authorization places APM Terminals Callao and its shareholders in a position to address critical infrastructure gaps in the South American nation.
What will the Port of Callao’s Multipurpose North Terminal handle?
A multipurpose maritime terminal, the Port of Callao’s North facility is said to be equipped to handle bulk, break bulk, solid bulk, and containerized goods. Approximately 40% of the national market is accounted for by APM Terminals Callao in containerized goods. They also hold a 70% market share in general cargo (excluding minerals). Furthermore, it also offers passenger reception and tourist cruise facilities.
