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International port investment of Chinese port-related companies

Citation

Huo, W and Chen, S-L and Zhang, W and Li, KX, International port investment of Chinese port-related companies, International Journal of Shipping and Transport Logistics, 11, (5) pp. 430-454. ISSN 1756-6517 (2019) [Refereed Article]

Copyright Statement

Copyright © 2019 Inderscience Enterprises Ltd

Official URL: https://www.inderscience.com/jhome.php?jcode=ijstl

DOI: doi:10.1504/IJSTL.2019.102145

Abstract

The devolution of Chinese port governance since 1990s has resulted in not only private sectorsí involvement in Chinese port investment and development but also allowing local port groups and terminal operators to implement international strategies to expand their business. This paper overviews current implementation on foreign ports investment of these two types of Chinese port-related companies. Analysing 39 foreign port investment cases, this paper finds the Belt and Road Initiative (BRI) may promote China's investment in foreign ports. Four main investment modalities are adopted i.e. acquisition, joint venture, concession and build-operate-transfer (BOT). The companies mainly form a partnership for investment, and some of the investment projects involve an integration of development of ports, industrial parks and cities. Of notice is that some investment projects are through a public-private partnership (PPP) model, i.e. Chinese companies as private entities and public sectors in the host countries.

Item Details

Item Type:Refereed Article
Keywords:port, China, Public-Private Partnership (PPP), port investment, investment modalities, international shipping
Research Division:Commerce, Management, Tourism and Services
Research Group:Transportation and Freight Services
Research Field:Transportation and Freight Services not elsewhere classified
Objective Division:Transport
Objective Group:Water Transport
Objective Field:Port Infrastructure and Management
UTAS Author:Chen, S-L (Dr Peggy Chen)
UTAS Author:Zhang, W (Dr Vera Zhang)
ID Code:132071
Year Published:2019
Deposited By:Maritime and Logistics Management
Deposited On:2019-04-17
Last Modified:2019-09-18
Downloads:0

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