Peru is actively pursuing increased Chinese investment to bolster its economic development and enhance public welfare, following the successful inauguration of the Chancay Port, a key project under China’s Belt and Road Initiative. Gonzalo Talavera, the charge d’affaires ad interim of the Peruvian Embassy in China, emphasized this goal during a recent event in Beijing, where he highlighted investment opportunities in sectors such as infrastructure, energy, and public well-being. The Chancay Port, which celebrated its first anniversary on Friday, has emerged as a pivotal trade hub in Latin America, significantly reducing maritime transport times and boosting trade between China, Peru, and the broader South American region. According to Peru’s Customs authority, the port has facilitated $603 million in exports and $984 million in imports in the first nine months of this year, generating $207 million in tax revenue and supporting regional economic growth. Talavera noted that the port has enhanced connectivity for landlocked neighboring countries and reduced logistics costs across South America. He also praised China’s leadership in railway construction and solar energy, inviting more Chinese enterprises to invest in Peru and share their expertise. ‘We consider China a reliable partner,’ Talavera stated, adding that increased Chinese investment would drive Peru’s socioeconomic development and benefit both nations.