PROINVERSIÓN: addendum will increase Matarani Port’s cargo capacity by 50%

Lima, October 6, 2025.- The Private Investment Promotion Agency (PROINVERSIÓN) reports that the evaluation of the addendum to the concession contract of the Matarani Port Terminal (TPM) has been completed, which will allow an investment advance of US$ 700 million and generate an additional contribution to the State of US$ 356 million.

The addendum text, promoted by the Ministry of Economy and Finance (MEF), the Ministry of Transport and Communications (MTC), and the National Port Authority (APN), with technical support from the Agency, was approved last Saturday through Supreme Decree No. 015-2025-MTC and will be published for 15 business days on the APN website.

The investment advance will allow a 50% increase in cargo handling and a 22% increase in mineral storage capacity, thanks to the incorporation of new cranes and modern infrastructure. Plans include the construction of a new multipurpose mooring with a breakwater, a 40,000-metric-ton warehouse, a 4.6-hectare container yard, and modernization of the pier.

During the construction stage, 1,800 direct jobs will be created, promoting economic dynamism in the area of influence. Furthermore, the project will encourage investments in the Southern Macro Region of up to US$ 11 billion, consolidating the port as a driver of regional development.

The concession, managed by Terminal Internacional del Sur (TISUR) of the Tramarsa Group, does not require public financing and reaffirms Matarani port as a key logistics hub in the south of the country.