Private Participation in Port Facilities : Recent Trends

Private Participation in Port Facilities : Recent Trends

The private sector has become increasingly involved in the operation of common-user port facilities during the 1990s, following public sector dominance of the sector since the 1940s. During the past decade the reform of port administration has gained momentum in industrial and developing countries alike. Between 1990 and 1998, 112 port projects with private participation reached financial closure in twenty-eight developing countries, with investment commitments totaling more than US$9 billion. Most projects are in East Asia and Latin America, and most are long-term concessions. This Note provides an overview of the emerging trends in developing countries and outlines the main issues for the future. These issues include sustaining competition at a regional level, across networks, and with other transport sectors, such as road and rail.

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Bibliographic Details
Main Author: Sommer, Dirk
Language:English
Published: World Bank, Washington, DC 1999-09
Subjects:ACCOUNTING, AIRPORTS, BERTHS, BULK CARGO, BULK HANDLING, CARGO, CARGO HANDLING, CARGO INFORMATION, CHANNELS, CONTAINER FACILITIES, CONTAINER TERMINAL, CONTAINER TERMINALS, CONTAINERIZATION, DEBT, DREDGING, DRY BULK, ECONOMIES OF SCALE, ELECTRICITY, FREIGHT, INTERNATIONAL CONTAINER TERMINAL, INTERNATIONAL STANDARDS, LABOR UNIONS, LEVEL PLAYING FIELD, LICENSES, OPERATING RISK, PORT, PORT ACCESS, PORT AREA, PORT AUTHORITIES, PORT AUTHORITY, PORT EQUIPMENT, PORT FACILITIES, PORT INFRASTRUCTURE, PORT MANAGEMENT, PORT OPERATION, PORT OPERATIONS, PORT OPERATORS, PORT PRIVATIZATION, PORT SECTOR, PORT USERS, PORTS, PRIVATE SECTOR, PRIVATE TERMINAL OPERATORS, PRODUCTIVITY, PUBLIC INFRASTRUCTURE, PUBLIC PORTS, PUBLIC SECTOR, QUAYS, REGULATORY AGENCIES, REORGANIZATION, ROAD TRANSPORT, SHIPPING, SHIPPING COMPANIES, SHIPPING LINES, SHIPS, SMALLER PORTS, STEVEDORING, TELECOMMUNICATIONS, TEMPORARY STORAGE, TRANSPORT SECTOR, VOUCHER PRIVATIZATION PRIVATE SECTOR PARTICIPATION, PRIVATE INFRASTRUCTURE PROJECTS, CONCESSIONS, COMPETITION (ECONOMIC), DEVELOPING COUNTRIES,
Online Access:http://documents.worldbank.org/curated/en/1999/09/1346402/private-participation-port-facilities-recent-trends
https://hdl.handle.net/10986/11462
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Summary:The private sector has become increasingly involved in the operation of common-user port facilities during the 1990s, following public sector dominance of the sector since the 1940s. During the past decade the reform of port administration has gained momentum in industrial and developing countries alike. Between 1990 and 1998, 112 port projects with private participation reached financial closure in twenty-eight developing countries, with investment commitments totaling more than US$9 billion. Most projects are in East Asia and Latin America, and most are long-term concessions. This Note provides an overview of the emerging trends in developing countries and outlines the main issues for the future. These issues include sustaining competition at a regional level, across networks, and with other transport sectors, such as road and rail.

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