TOWARDS AN ECONOMIC APPRAISAL OF PORT INVESTMENTS

There is widespread agreement that port facilities in many countries need improvement, partly to serve increased volumes of trade and partly because it appears that substantial economies in the cost of sea transport can only be achieved by improvements in seaports. The object of this paper is to discuss methods by which such proposals may be appraised. The discussion is, however, confined to proposals to improve the point of contact between ship and port, rather than the warehousing, processing and other activities which also take place in or near ports. In general there has in the past been serious under-investment and no generally accepted technique for appraising investment projects. This paper has attempted to outline methods which can be applied to the problems of whether to invest, how to invest, when to invest and where to invest.

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    London School of Economics and Political Science

    Houghton Street, Aldwych
    London WC2A 2AE,   England 
  • Authors:
    • GOSS, R O
  • Publication Date: 1967-9

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  • Accession Number: 00039891
  • Record Type: Publication
  • Source Agency: London School of Economics and Political Science
  • Files: TRIS
  • Created Date: Jan 22 1973 12:00AM