Impacts of the Belt and Road Initiative in the Indian subcontinent under future port development scenarios

The aim of this paper is twofold: the first is to assess the extent to which current port development initiatives contribute to securing the status of the Port of Colombo as a regional transshipment (T/S) hub to serve the Indian subcontinent; and the second is to generate plausible future development scenarios for the maritime industry in the context of the Belt and Road Initiative (BRI). A scenario analysis method is applied to examine the past trends and to build future development scenarios. The results showed that major Indian ports have experienced a significant growth in cargo volumes and vessel traffic. South and East Indian coastal ports continue to use the Port of Colombo as a T/S port in tandem with the corridors connected to the Indian Ocean. Scenario analysis highlights the growing importance of BRI-centric land-based economic corridors, which would generate a large amount of cargos from hinterlands up to China. This would be further fueled through the Great Mekong region-driven industrialization, which would add to the west-bound maritime cargo volume. The paper concludes that the increased capital influx from China would more likely to result in a substantial development of the present port and road/rail infrastructure in Sri Lanka.

• Record URL:
  • https://doi.org/10.1080/03088839.2019.1594425
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/2899960
• Supplemental Notes:
  • © 2019 Informa UK Limited, trading as Taylor & Francis Group 2019. Abstract reprinted with permission of Taylor & Francis.
• Authors:
  • Ruan, Xiao
  • Bandara, Yapa Mahinda
  • Lee, Jun-Yeop
  • Lee, Paul Tae-Woo
  • Chhetri, Prem
• Publication Date: 2019-11

Language

• English

Media Info

• Media Type: Web
• Features: Figures; References;
• Pagination: pp 905-919
• Serial:
  • Maritime Policy & Management
  • Volume: 46
  • Issue Number: 8
  • Publisher: Taylor & Francis
  • ISSN: 0308-8839
  • EISSN: 1464-5254
  • Serial URL: http://www.tandfonline.com/loi/tmpm20

Subject/Index Terms

• TRT Terms: Development; Forecasting; Infrastructure; Ports; Shipping
• Identifier Terms: Belt and Road Initiative; Port of Colombo
• Geographic Terms: India
• Subject Areas: Freight Transportation; Marine Transportation; Planning and Forecasting; Terminals and Facilities;

Filing Info

• Accession Number: 01725079
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 16 2019 11:30AM