A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco.

Summary

China’s President Xi Jinping inaugurated the $1.3 billion Chancay megaport in Peru, a key hub for South America-Asia trade, promising “tangible results” like jobs and revenue.

However, locals in the impoverished fishing town say the project has destroyed fish breeding grounds, reduced catches, and brought no economic benefits.

Residents fear further pollution, citing past oil spills.

While officials promote the port’s potential for regional growth, locals criticize the lack of infrastructure investment in their community, calling the port a “monster” that worsens inequality.

  • S_H_K@lemmy.dbzer0.comEnglish
    9·
    18 hours ago

    There is a difference in getting a project and prostitute the resources of the country. Which is usually the end of many so called developments around here in South America.