Port Concessions in Chile : Contract Design to Promote Competition and Investment
The objective of Chile's port
reform, is to encourage investments for improved port
equipment, in the hope that this will lead to more efficient
service, in part by attracting larger, more modern ships.
The first four major concessions, under which integrated
terminals are run exclusively by private companies, started
operations in January 2000. The integrated approach to port
services replaces a system of free entry of multiple
stevedoring companies. This note reviews how the concessions
were designed: the criteria for the winning bids, the rules
to prevent concessionaires' abusing their monopoly
power, the rules to encourage investment, and the provisions
for redundant workers.
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Bibliographic Details
| Main Authors: |
Foxley, Juan,
Mardones, José Luis |
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| Format: | Viewpoint
biblioteca
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| Language: | English |
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| Published: |
World Bank, Washington, DC
2000-10
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| Subjects: | PORTS,
CONCESSIONALITY,
CONTRACT FORMULATION,
PORT MANAGEMENT,
REFORM POLICY,
INVESTMENT INCENTIVES,
PORT FACILITIES,
SERVICES DELIVERY,
MODERNIZATION,
PRIVATE COMPANY,
OPERATING EFFICIENCY,
FREE ENTRY,
PERFORMANCE CRITERIA,
PROCUREMENT,
MONOPOLISTIC COMPETITION,
INVESTMENT REGULATION,
REDUNDANCY COSTS AUTHORITY,
BERTHING,
BERTHS,
BREAK BULK,
CARGO,
CARGO TRAFFIC,
CONTAINER TERMINAL,
CONTAINER TERMINALS,
CRANES,
DISPATCH,
FREIGHT,
INCOME,
LIQUID BULK CARGOES,
NAVIGATION,
PENALTIES,
PORT,
PORT ASSETS,
PORT CONCESSIONS,
PORT EQUIPMENT,
PORT INDUSTRY,
PORT OPERATIONS,
PORT REFORM,
PORT SERVICES,
RESTRICTIONS,
REVENUE SHARING,
SAFETY,
SAFETY REGULATIONS,
SHIP,
SHIPPING,
SHIPPING AGENTS,
SHIPPING COMPANY,
SHIPS,
SIGNS,
SMALLER PORTS,
STEVEDORES,
STEVEDORING,
TONNAGE,
VESSELS, |
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| Online Access: | http://documents.worldbank.org/curated/en/2000/10/729359/port-concessions-chile-contract-design-promote-competition-investment
http://hdl.handle.net/10986/11418
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