Based on discussions held during a November 2013 meeting held at the University of Antwerp, this collection suggests guidelines for encouraging private investment in seaport infrastructure projects and finding new avenues for project financing. The 11 papers address the need for accurate forecasting of port traffic, the heterogeneity of port infrastructure, the risk factors involved in port financing, and problems with public-private partnerships. Several chapters examine current trends in European port organization and financing, the diversity of financing methods in Asia, American municipal bonds, and the characteristics of public-private partnerships in African ports. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)
This book provides an expert analysis of alternative investments routes and the investment strategies available to the major port players, and is a much-needed guide to expanding the investor base for private debt funding of projects from loan providers to bond investors.
Port infrastructure investments are vitally important to all ports throughout the world; without these investments, the competitive position of ports and of the dependent logistics sector will deteriorate.
National/regional governments and the local port authorities are no longer a guaranteed source of sufficient financial input to meet the continuous port infrastructure investment needs of major ports. It is, therefore, increasingly crucial for ports to broaden their strategies and secure alternative streams of investment.
This book provides expert insight into areas of port infrastructure finance across the main regions of Europe, Asia, Africa and the USA. Topics include how to estimate future demand by way of forecasting; Public-Private Partnerships; corporatisation; the pricing mechanisms for syndicated loans; European port privatisation; finance strategies for ports in Asia, the USA and Africa; and a discussion of the investment strategies available to the major port players.
Port Infrastructure Finance is an invaluable book for all parties involved in the port and maritime business, as well as investment companies, banks and other financial institutions involved in infrastructure investment.
