Corporación Peruana del Santa (1943 - 1974) and truncated industrialization

Everything we have of  modern in Peru is due either to Manuel Pardo - Balta - Malinowski and Meiggs' (1860 - 1879) national industrial project, or to the Peruvian Corporation of Santa, (1943 - 1974) CPS, inspired by Santiago Antúnez de Mayolo, the Society of Engineers and the support of President Manuel Prado to the North American model of FD Roosevelt.

In 193 - 1915, Antúnez proposed the project for the Cañon del Pato Hydroelectric Power Plant, located in Ancash, north of Lima, then developing a magnificent National Electric Plan (1948). It took almost 30 years, until in 1943, for the C.H. Cañon del Pato was the central project in the newly founded C.P.S., where Antúnez was an advisor, located in the Santa river basin, current Ancash region, modeled on the Tennessee Valley Authority by FR. Roosevelt, and with the support of the Inter-American Cooperative System, from the USA. Its center was in Chimbote, a port that Henry Meiggs called in the 1870s the future "Manchester of Peru".

The C.P.S. (1943 - 1974) included projects such as:

• Hydroelectric power station; the first in Peru and the entire Plan of Antúnez

• Chimbote Port, and urban habilitation of the adjacent city;

• Modernization of the Chimbote - Huallanca Railway,

• Iron exploitation in Marcona (Ica, today Shoughang – Hierro Perú)

• Siderúrgica de Chimbote, (today Siderperú)

• Chao Viru agricultural irrigation project (today successfully completed as CHAVIMOCHIC)

• exploitation of coal,

• Production of synthetic fertilizers.

The C.P.S. He proposed a heavy industrialization of Peru, based on electrification, transportation, and the steel industry, in a country with great mining wealth. This was later complemented, in 1959, with the protectionist Industrial Promotion Law, under the second government of the Americanist President Prado, and his ministers Andres Dasso and Carlos Moreyra and Paz Soldán, although without the important figure of the National Corporation for Industrial Development, that was in the original project.

But in 1974, the C.P.S. could not resist both the end of international cooperation (debt crisis) after the end of the original Bretton Woods international financial system in 1972, and internal sabotage. With the earthquakes of 1970 and 1974, Peru could not rebuild the railway nor continue with the other projects, liquidating in 1974 the C.P.S.

But its developmental imprint had already provided a model that Peru has always tried to continue, with severe opposition from the IMF, WB and the Washington "Consensus", from 1990 to the present.

Antúnez de Mayolo always recognized the roots of his proposals in the original nationalist project of Pardo and Meiggs, destroyed by the British geopolitical war of 1879 - 1883 against Peru and Bolivia, and the transoceanic nature of his energy and railway proposal.

Today, the field can be opened with the current integration of Peru to the Chinese initiative of a Strip, a Route, and with the world economic reorganization led by the 4 great powers: USA, China, Russia and India, as it was proposed by Lyndon LaRouche.

[In the image, in the center, the projects of the 1948 Electric Plan, and then, from top left to the clockwise direction, Siderúrgica de Chimbote, CH Cañón del Pato, Chimbote  Port and Chimbote Huallanca Railroad (today non-existent)]

04/26/20