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Tisur to invest US$262mn in Matarani port expansion (Peru)

Peruvian port concessionaire Terminal Internacional del Sur (Tisur), which operates Arequipa region's Matarani port, will invest US$262mn to expand the port's storage terminal starting next year, according to general manager Erick Hein.

The project involves adding 30.1ha to the port, as well as installing lighting and weighing areas, as well as security improvements, government news agency Andina reported.

Tisur has invested some US$29.7mn in the port to date, and the company's investments will increase by some US$100mn when including mining projects in the south of the country, Hein said.

Tisur is part of Peru's Grupo Romero.

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