By Alek Buttermann The inauguration of the Chancay Megaport in Peru marks a significant moment for regional trade, with the facility set to become South America’s largest commercial port. Developed by China's state-owned Cosco Shipping,

The first phase of China's Chancay port project, located around 70 kilometres north of Lima, is due to officially open on Thursday.

Residents relax and enjoy the beach under the sun, as cranes build Chancay Port in the background in Lima, Peru, on October 29, 2024. Photo: VCG Giant containers pile up at the newly developed Chancay Port, Chancay, Peru, on October 24, 2024. Photo: IC