Description

Chancay Port

Disclaimer: Copyright infringement not intended.

Context:

Chinese President Xi Jinping inaugurated Peru’s Chancay Port describing it as the starting point for a “new land-sea corridor between China and Latin America”.

Funded under China’s Belt and Road Initiative (BRI), the massive $3.6 billion project has also raised concerns in US policymaking circles over Chinese influence in a region traditionally seen as its backyard.

Details:

Location	Chancay, Peru, 60 kilometers north of Lima.
Construction Partners	Chinese COSCO Shipping and Peruvian Volcan Mining.
Belt and Road Initiative	Part of China's Belt and Road Initiative, with COSCO holding a 60% stake, and Volcan Mining holding 40%.
History	Initiated in 2007 by Admiral Juan Ribaudo de la Torre, with the Chancay Port Terminal (TPCH) established in 2011. COSCO joined in 2019.
Inauguration	Virtual inauguration on November 14, 2024, attended by Xi Jinping (China) and Dina Boluarte (Peru).
Capacity	First expansion phase can handle 1 million containers annually. Initial phase includes 4 jetties, 400 meters long.
Strategic Location	Near Callao Port, Jorge Chávez Airport, and the Amazonian Interoceanic Corridor, designed for vessels over 18,000 TEUs.
Operational Goals	Transport 1 million TEUs and 6 million cargo items annually.
Business Structure	COSCO Shipping holds 60%, Volcan Mining 40%. COSCO has exclusive use per Peruvian law.
Industrial Park	Chancay Industrial Park, with logistics, industrial zones, service and technology complexes, and residential regions to be developed in four phases.

READ ABOUT

Chabahar Port

PERU

Belt and Road Initiative (BRI)

Source:

INDIAN EXPRESS

Sabarmati River

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Context:

The Sabarmati Riverfront Development Corporation Ltd (SRFDCL) has auctioned off its first prime land parcel for ₹156.13 crore to Mumbai-based E City Ltd.

Details:

Origin	Aravalli Range, Udaipur District, Rajasthan.
Course	Travels in Gujarat, joining tributaries like Wakal, Sei, Harnav, Hathmati, and Watrak before draining into the Gulf of Khambhat.
Major Tributaries	Watrak, Wakal, Hathmati, Harnav, Sei rivers.
Flow Characteristics	Seasonal river with flows dominated by the monsoon, little to no flow post-monsoon.
Floods	Largest flood recorded in 1973 with 14,150 m³ per second at Dharoi.
Significance in Hinduism	Believed to have originated due to the penance of ascetic Kashyapa, with connections to Shiva and the Ganges River.
Historical Texts	Mentioned as Shvabhravati (10th century) and Sambhramavati (11th century).
Cultural Significance	Mahatma Gandhi's Sabarmati Ashram was located on the river’s banks.
Pollution	The Kheroj-Vautha stretch is among the most polluted in India (2018 CPCB assessment).
Dams	Dharoi Dam, Hathmati, Harnav, Guhai, Meshvo, Watrak dams, and the planned Kalpasar project.
Narmada Link	Water from the Narmada River released into the Sabarmati in 2002 through the Sardar Sarovar Dam.
Economy	The Sabarmati Riverfront project aims to reduce pollution, increase tourism, and prevent floods. The second phase received approval in 2020. It is listed among KPMG's top 100 innovative global infrastructure projects.

Source:

HINDUSTAN TIMES

PRACTICE QUESTION

Q.Chancay Port, recently in the news, is located in which of the following countries?

(a) Chile

(b) Peru

(d) Colombia

Answer: b

Explanation:

The Port of Chancay is a shipping terminal located in Chancay, Peru. It was built by Chinese state-owned shipping and logistics company COSCO Shipping in association with the Peruvian company Volcan. The port is part of the Belt and Road Initiative; and according to Peruvian law, it is considered a private port for public use, granting the operator exclusivity to provide port services.