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DP World Chairman Sultan Ahmad Bin Sulayem, UAE Minister of State Reem Al Hashemi (right) and DP World CEO Mohammad Sharaf (left) at the Peru opening Image Credit: Supplied picture

Callao, Peru: South America's largest and most modern container terminal on the west coast, DP World Callao, was officially inaugurated yesterday by Peruvian President Alan García Perez and DP World Chairman Sultan Ahmad Bin Sulayem.

Global port operator DP World's newest marine terminal, situated close to Peru's capital city Lima, has opened a year ahead of schedule after 27 months of construction following the granting of the concession in July 2006.

Also attending were UAE Minister of State Reem Al Hashemi, DP World CEO Mohammad Sharaf, officials of the Peruvian Government, representatives of the business community and top executives from DP World.

Bin Sulayem said: "We believe Peru to be exemplary in economic and political stability in South America. It is also the ideal entry point for the west coast of South America, which is a dynamic economy with a large cargo market and strong trade growth."

Opportunities

Sharaf added: "DP World helps create opportunities for the communities and economies in which it operates... brings in not only containers but more trade, more jobs and more income for the entire economy." Sharaf said the opportunities improve the lives of the people.

"This in turn is translated into more income for the government and better services for the people, which means more children going to school and more people accessing vital health care."

DP World Callao has an annual capacity of about 850,000 TEU (twenty-foot equivalent container units) and is located in the south zone of the port of Callao, covering 225,000 square metres.

Its two berths, each 350 metres with a 16-metre draft, are capable of handling two post-Panamax vessels of about 8,000 TEU simultaneously. The terminal has six Super Post Panamax gantry cranes, 18 rubber tyred gantry cranes and state-of-the-art information technology.

It is the most important investment in the history of the Peruvian port industry