DP World continues Callao investment

DP World has confirmed that it will have invested $735m by 2012 in developing the Muelle Sur project at the Peruvian port of Callao.

To date, it has spent $500m on building and equipping the facility, where operations were scheduled to start in May.

The money has been spent on gantry cranes, stacking yard, warehouses and administrative buildings. The company was awarded the concession in June 2006.

(Source: Port Strategy)