Chancay Megaport: Dispute Between Cosco and Peruvian Authorities
Photo: MTC Perú Flickr
The dispute between Cosco Shipping Ports and the Peruvian regulatory body Ositran (Organismo Supervisor de la Inversión en Infraestructura de Transporte de Uso Público) centers on the supervision and scope of regulatory authority over the Port of Chancay. Cosco has filed a protective action with the Peruvian Judiciary, aiming to limit Ositran’s oversight of the port, arguing that such intervention could hinder the project’s development and operation.
Cosco claims that the oversight model Ositran intends to apply is incompatible with the port’s operation under its management plans, which, according to the company, restricts its ability to operate efficiently and autonomously.
The protective action filed by Cosco seeks to establish that Ositran lacks the authority to enforce certain regulations at the Port of Chancay, which the company deems unsuitable for infrastructure of this kind.
Ositran, on the other hand, maintains that as a regulatory entity, it has an obligation to oversee port infrastructure in Peru to ensure competitiveness, transparency, and accessibility in the port services market. Ositran’s oversight also includes monitoring prices and service quality—elements it considers essential to prevent monopolies and ensure fair competition in the sector.
This conflict has raised public and expert concerns, with some fearing that limiting Ositran’s oversight could lead to port management that favors Cosco’s interests over the well-being and needs of the Peruvian market.
Moreover, the case raises questions about the extent of control the Peruvian government can exert over large-scale infrastructure projects when these are primarily financed and managed by foreign capital, in this case, a Chinese company.
Main Source: (Spanish)
Nuevo litigio opaca la inauguración del puerto de Chancay – Ojo Público
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External Links: (Spanish)
El controvertido camino para la exclusividad de Cosco Shipping en el megapuerto de Chancay – Ojo Público