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flag Peru's new Chancay Port slashes shipping time to Asia, boosting economy and creating jobs.

flag The Chancay Port in Peru opened on November 14, 2024, cutting shipping time from Lima to Shanghai from 60 to 23 days. flag Expected to generate $4.5 billion annually, or 1.8% of Peru's GDP, it will create thousands of jobs. flag For Peruvian businesses like Ysabel Zea's alpaca toy company, this means expanded markets and better income. flag The port also enhances trade in the Asia-Pacific region, facilitating fresher imports from Latin America.

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