The myth of Corio comes to an end: the port will cost a tenth of what was announced and will depend on cargo from another country.
World1 source1 country🔦 Under-reported56m ago
The proposed port of Corío, located in the district of Punta de Bombón within the province of Islay, Arequipa, has long generated high expectations as potentially the largest port investment in Peru. Recent reports indicate that the project's projected cost has been drastically reduced to a tenth of original estimates.
Additionally, the revised initiative will rely heavily on cargo originating from another country, marking a significant shift from previous expectations surrounding the development.
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