The Government of Peru took a fundamental step to secure future investments and the long-term operability of the Matarani Port Terminal. Through a supreme decree, endorsed by President Dina Boluarte and the Minister of Transport and Communications, César Sandoval, Addendum No. 5 to the concession contract with the company Terminal Internacional del Sur S.A. (Tisur) was approved to include the execution of new investments by the latter, the extension of the concession term, and the updating of various clauses, including the incorporation of an anti-corruption one.
The approval of the text is the result of a joint evaluation process, as required by the Public-Private Partnerships (APP) legislation. The General Directorate of Transport Programs and Projects (DGPPT) of the MTC, as the overseeing entity, justified the modifications before various institutions, such as the Ministry of Economy and Finance (MEF), which issued a favorable opinion after confirming that the modifications do not alter the co-financing, guarantees, or the economic-financial balance to the detriment of the State.
Likewise, the Supervisory Agency for Investment in Public Transport Infrastructure (Ositran) analyzed the project, issuing its non-binding opinion after a detailed technical, economic, and legal analysis. The National Port Authority (APN) and the Office of the Comptroller General of the Republic (CGR) were also part of the process.
The joint evaluation process was concluded in April 2025, laying the groundwork for the current final approval by the Executive Branch.
