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Discover the new Logistics Park at El Callao

  • Pioneering project to commence operations at Jorge Chávez Airport City.
  • Focused on mass storage, retail and pharmaceutical activities.
  • Led by Capia and LatAm Logistics with an investment of USD 53 million, it will generate over 1000 jobs.

 

As part of the expansion works at Jorge Chávez International Airport, Lima Airport Partners (LAP), the airport’s operating company, has been diligently developing the Callao Logistics Park —a pioneering project, the first of its kind, set to commence operations in early 2024 within the Airport City. This ambitious endeavor aims to establish itself as a state-of-the-art logistics storage infrastructure, specifically designed for the efficient management, distribution and storage of goods.

 

"The Callao Logistics Park is the first Airport City project set to commence operations next year. The entire first phase has already surpassed 80% completion, underscoring the commitment of LAP, LatAm Logistics and Capia. This project aligns with LAP's real estate business model, aiming to develop available areas around the airport operation," said Joseff Monzón, LAP Representative.

Alicia Izquierdo, Real Estate Program Manager of LAP, emphasized that this project will roll out class A warehouses, optimizing available square meters in the Chalaca Region (El Callao Region). "This new infrastructure will zero in on mass storage, retail and pharmaceutical activities. Thanks to its strategic location near the airport and port of Callao, it stands out as an enticing center for both national and international investments."

Álvaro Chinchayan, General Manager of the Callao Logistics Park, highlighted that the construction of this project, with an investment of USD 53 million, has generated more than 300 direct jobs in its first phase. Upon operation, it is expected to create over 1000 direct jobs in the Lima and Callao regions. 

The Callao Logistics Park will be the country’s first last-mile warehouse rental condominium, featuring a construction of approximately 96,000 square meters of covered warehouse space, to be developed in four completely distinct phases. Currently, the initial phase is underway, encompassing an average of approximately 15,000 square meters. This phase will commence operations upon coordination with the setup of each tenant’s interior spaces within the warehouse.

 

Jorge Chavez Airport City

 

Airport City is a megaproject aimed at integrating airport operations with multiple commercial areas, cargo zones, transportation facilities, hotels, offices, among other businesses linked to the various economic activities in El Callao. This will enable the consolidation of the country's premier port as a significant logistics and tourism platform, attracting development for more residents of Callao (Chalacos).

 

The project boasts a total third-party investment of approximately USD 300 million, encompassing the entire real estate commercial development situated outside the terminal. Additionally, it includes an innovative commercial concept within the terminal, introducing a new Travel Retail experience developed by Lima Airport Partners in collaboration with renowned international and national operators. 

 

Awarded Real Estate Projects: 

 

  • The First Callao Logistics Park, developed by Capia and LatAm Logistics, involves an investment exceeding USD 53 million.
  • A Fuel Plant, awarded to the company Exolum, is set to triple its current capacity with an investment exceeding USD 100 million.
  • A hotel complex featuring two hotels, one 5-star and one 3-star, managed by the Costa del Sol company, represents a total investment of USD 55 million.
  • The South Cargo Zone, awarded to the Peruvian company IKSA, comes with an investment of USD 19 million.
  • A new parking lot, set to nearly double the current capacity, has been awarded to the company Los Portales Parkings, with an investment of USD 5 million.

 

About Lima Airport Partners (LAP)

Lima Airport Partners (LAP) is the private operator of Jorge Chávez International Airport. LAP's partnership structure comprises Fraport AG, international operator of Frankfurt Airport and other major airports worldwide: 80%; and the International Finance Corporation, a member of the World Bank Group: 19.99% stake, solidifying its position as a leading international institution for private sector development. As of September 2023, LAP has invested USD 1.631 billion in airport improvements and modernization and has provided USD 3.198 billion to the Peruvian State for transfers and taxes under the Concession Agreement over the past 22 years.

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