In the Peruvian town of Chancay, located around 100 kilometers north of the capital Lima, construction is currently underway on a significant infrastructure project as part of China’s Belt and Road initiative. This initiative, spearheaded by Beijing, aims to enhance connectivity and cooperation among nations along the ancient Silk Road routes.
The project in Chancay involves the construction of a new port, which will serve as a key hub for trade between China and Latin America. The port is expected to boost economic development in the region by facilitating the transportation of goods and resources.
Chinese investment in Peru has been steadily increasing in recent years, with a focus on infrastructure projects such as roads, bridges, and ports. This influx of funding and expertise is seen as a positive development for Peru, as it will help to improve the country’s infrastructure and create new opportunities for economic growth.
However, there are also concerns about the potential environmental and social impacts of these projects. Critics argue that the construction of infrastructure projects like the new port in Chancay could have adverse effects on local communities and ecosystems.
Overall, the expansion of China’s Belt and Road initiative in Peru represents a significant development in the country’s economic and political landscape. It remains to be seen how these projects will shape Peru’s future and what the long-term implications will be for the country and its people.
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Video “From Shanghai to Chancay: Beijing expands Belt and Road initiative in Peru • FRANCE 24 English” was uploaded on 09/24/2024 to Youtube Channel FRANCE 24 English