Economic Challenges and Opportunities of the Mega Port of Chancay for International Trade

The Mega Port of Chancay is poised to revolutionize Perus international trade. This study explores the economic challenges and opportunities presented by this major infrastructure project, analyzing its potential impact on the national economy and trade relations with the Asia Pacific region. We used a combination of document analysis and comparisons with other successful ports. The findings suggest that the port could enhance Peru's logistical competitiveness and attract more foreign investment, though it faces legal and environmental challenges. We conclude that this port has the potential to position Peru as a strategic logistical hub in the Pacific. The uniqueness of this article lies in its comprehensive approach and the adaptation of successful international practices to the Peruvian context.

Publication Details

Journal
Indian Journal of Economics and Finance
Published
2024-11-29
DOI
https://doi.org/10.54105/ijef.c8146.04021124
Primary Topic
Maritime Ports and Logistics
Type
article
Field-Weighted Citation Impact
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article

Economic Challenges and Opportunities of the Mega Port of Chancay for International Trade

Indian Journal of Economics and Finance
Maritime Ports and Logistics
article

Economic Challenges and Opportunities of the Mega Port of Chancay for International Trade

article en

Abstract

The Mega Port of Chancay is poised to revolutionize Perus international trade. This study explores the economic challenges and opportunities presented by this major infrastructure project, analyzing its potential impact on the national economy and trade relations with the Asia Pacific region. We used a combination of document analysis and comparisons with other successful ports. The findings suggest that the port could enhance Peru's logistical competitiveness and attract more foreign investment, though it faces legal and environmental challenges. We conclude that this port has the potential to position Peru as a strategic logistical hub in the Pacific. The uniqueness of this article lies in its comprehensive approach and the adaptation of successful international practices to the Peruvian context.

Indian Journal of Economics and FinanceVol. 4(2)
Partnerships for the goals
Openalex Percentile: Top 69%
Maritime Ports and Logistics
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