Tisur, a subsidiary of of Tramarsa, a leading Peruvian port operator backed by Global Infrastructure Partners (GIP), part of BlackRock, has signed an agreement with the Peruvian State during a ceremony at the Government Palace, with the participation of the President of the Republic, Jose Jeri.
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The Peruvian company is the concessionaire of the Matarani Port Terminal and will invest US$700 million to expand operational capacity and strengthen the competitiveness of country’s main southern port.
Backed by GIP, a global investor specialising in developing and operating assets in energy, transportation, digital infrastructure, and water and waste management, the agreement marks a new milestone in the country’s port history, the result of a technical and legal evaluation process carried out over more than two years with the participation of the Ministry of Transport and Communications (MTC), the Ministry of Economy and Finance (MEF), ProInversión, and Ositran.
The Port of Matarani will increase its berthing capacity by 25%, cargo-handling capacity by 50% through new electric cranes, and its mineral storage capacity by 22%, strengthening its role as a multi-purpose terminal and a key component of Peruvian foreign trade. “It is the result of several years of joint effort between the concessionaire and the State, in pursuit of an agreement that benefits the entire southern region and the national port system,” said Tisur’s general manager Mauricio Nunez del Prado.