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12:18 Peru on its way to becoming shipping hub in South America
 
Lima, Oct. 28 (ANDINA). Peru’s port of Callao could become South America’s shipping hub, due to strategic location in the continent and investment in infrastructure, said Panama’s Investment Attraction and Export Promotion Agency (PROINVEX).

PROINVEX project manager Johnathan Rodriguez said Peru’s port development could lead to incredible growth for the country as long as national infrastructure develops.

"Peru could be to South America what Panama is to Central America because, generally, everything that occurs in Central America is redistributed through Panama's infrastructure," he said.

Rodriguez highlighted Peru’s strategic initiative, supported by investment in train, port and ground infrastructure, and said it would encourage trade with other countries in the region.

"Peru is awakening in every sense, it has impressive investments in infrastructure being made – this progress has stimulated our interest to strengthen bilateral business opportunities," he said.

Rodriguez said Peru’s investment in developing infrastructure would make it easy for cargo far away from the coast, to make its way to the rest of the world.

(END) JJN/JPC/PSY

Date: 28/10/2011
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