Chinese enterprises likely to invest in rail transport and ports

Peru's minister of Transport and Communications, Verónica Zavala, said today that some Chinese businessmen are interested to invest in the Peruvian rail transport of minerals and port sectors.

"There is an interest of China in railways and ports as part of its projects in the mining industry, specifically in terminals as Marcona (Ica)", she said after the opening ceremony of the APEC 2008 CEO Summit held in Lima.

In this sense, she said that these possible investments aim to insure an efficient transport for the future mining initiatives; even though nowadays these are located at the center and north zones of the country, there is also an interest in the southern zone.

"This is the reason why it is important to point out that the portfolio of projects for concessions and public.private partnerships in this sector amounts to 3.3 billion dollars", she said.

Zavala indicated that another project that has attracted the Chinese interest is the Tren Electrico (Electric Train), because one of the bidders is the investor that currently has the concession of the Shangai train.

Publication: Andina - English Newswire
Provider: Andina
November 21, 2008

No comments: