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Toppoint Holdings Enters Into MOU With Municipalidad Distrital De Chancay, Peru To Develop Sustainable Waste Management System For Chancay Region

Benzinga·06/11/2025 13:09:32
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Toppoint Holdings Inc. (NYSE:TOPP), a publicly traded logistics and infrastructure solutions company, today announced it has entered into an MOU with the Municipalidad Distrital de Chancay, Peru—signaling the start of a potentially transformative partnership. The initial focus of this collaboration is to develop a modern, sustainable waste management system for the rapidly growing Chancay region. The ongoing construction of the Chancay Mega Port is already intensifying waste generation pressures, with Construction and Demolition (C&D) waste surging to unprecedented levels as successive phases of the port near completion. This surge is further highlighting the inadequacies of the region's waste management infrastructure.

The MOU was signed by Leo Chan, Chief Executive Officer of Toppoint Holdings, and Juan Alberto Alvarez Andrade, Mayor of the Municipalidad Distrital de Chancay. The agreement establishes a collaborative framework to evaluate and design a comprehensive waste management infrastructure tailored to the evolving needs of Chancay's expanding residential and industrial communities. As part of the initiative, the parties will assess the feasibility of constructing a new sanitary landfill and waste transfer station, along with launching recycling and waste segregation programs. 

The effort specifically targets the growing challenges posed by Construction and Demolition (C&D) Waste and Industrial Commercial Waste, while advancing environmentally responsible practices and promoting long-term economic sustainability. Both Toppoint and the Municipality have committed to initiating immediate feasibility studies and policy planning to attract strategic investments and implementation partners.