APM Terminals Callao invests US$307-million for Phase l & ll port expansion. Executives from APM Terminals Callao and the Minister of Transport and Communications of Peru, Mr. Carlos Paredes were on hand to start the demolition of Patio Guadalupe – an old, abandoned train station to pave the way for a port modernization project vital to Peru’s economic growth. The train station demolition and port construction project will create 600 new jobs in the community over the next two years. Henrik Kristensen, APM Terminals Managing Director, stated “APM Terminals Callao is bringing the latest generation of STS cranes and eco-friendly electric RTG cranes to this phase.