The first phase of Callao's southern container terminal will be completed in May this year, while the third and last phase was expected to be finished in 2012, Mohammed Sharaf told the daily newspaper Al Bayan.
DP World had made a 4.8 billion dirham offer for the development of a container terminal in Callao's northern section, Sharaf said, according to Al Bayan. The Peruvian government was currently considering all offers for the project, he said.
DP World is one of the largest port operators in the world and is 77 percent owned by debt-laden conglomerate Dubai World.
On March 25, the Dubai government unveiled a $9.5 billion restructuring proposal for Dubai World that would give bank lenders their money back in five to eight years and repay two key bonds.
The Dubai government had previously said DP World's assets were ring-fenced from any potential claims by creditors and the company was not part of the broader restructuring plan. (Reuters)
