How Can Transport Infrastructure Help Hong Kong To Develop Into A Logistics Hub In Asia

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How Can Transport Infrastructure Help Hong Kong to Develop Into a Logistics Hub in Asia?

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (681 download)

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Book Synopsis How Can Transport Infrastructure Help Hong Kong to Develop Into a Logistics Hub in Asia? by :

Download or read book How Can Transport Infrastructure Help Hong Kong to Develop Into a Logistics Hub in Asia? written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: (Uncorrected OCR) The Abstract Abstract of dissertation entitled How Can Transport Infrastructure Help Hong Kong to Develop into a Logistics Hub in Asia? Submitted by Wong Tak Kin Anthony for the degree of Master of Arts in Transport Policy and Planning at The University of Hong Kong in June 2003. How can transport infrastructure help Hong Kong to develop into a logistics hub in Asia? The Abstract The Abstract Hong Kong has excellent natural resources and geographical location to support its role as a transportation centre in South China. With these competitive advantages, Hong Kong has become one of the busiest airports and container ports in the world. As a result of the rapid growth in the cargo export of the manufacturing industry in the Pearl River Delta region, the demand for a logistics hub in the region has been a major concern of the Guangdong Province and Hong Kong Government in recent years. With decades of experience in transport and logistics, Hong Kong has been established as an entrepot, a primitive form of logistics hub, for Mainland China exporters. However, since China adopted the open door policy, a number of the Pearl River Delta cities have started developing their transport and logistics facilities which can serve their cargo export business and bring economic benefits to the cities. As they operate at a lower cost, they impose threats to Hong Kong's role as the logistics hub of the Pearl River Delta region. In order to find out how Hong Kong can outplay other Pearl River Delta cities to develop into a Logistics Hub in Asia serving the region, the characteristics of Hong Kong have been analyzed and checked against a logistics hub model proposed by academics to identify Hong Kong's weaknesses and areas for improvement. As a result, two problems concerning the accessibility of Hong Kong and the quality of its third party logistics providers have been identified. Three major transport infrastructure projects are recommended to tackle the problems.

How Can Transport Infrastructure Help Hong Kong to Develop Into a Logistics Hub in Asia?

Author : Tak-kin Wong (Anthony)
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (548 download)

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Book Synopsis How Can Transport Infrastructure Help Hong Kong to Develop Into a Logistics Hub in Asia? by : Tak-kin Wong (Anthony)

Download or read book How Can Transport Infrastructure Help Hong Kong to Develop Into a Logistics Hub in Asia? written by Tak-kin Wong (Anthony) and published by . This book was released on 2003 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Impacts of Logistics Infrastructure Development

Author : Thomas Jan Voon
Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Economic Impacts of Logistics Infrastructure Development by : Thomas Jan Voon

Download or read book Economic Impacts of Logistics Infrastructure Development written by Thomas Jan Voon and published by . This book was released on 2001 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of Hong Kong's strategic position in the Asia-Pacific region depends to a large extent on its advantage in providing logistics and entrepot services. As a service economy which is largely driven by external demand for its goods and services, Hong Kong needs to improve its international competitiveness by investing in logistics infrastructure and technology, maintaining a well-educated workforce and being sensitive to the needs of customers and changes in the market place. Hong Kong should strengthen its distribution role and its comparative advantage by upgrading its gateway functions, offering world-class low-rise-high-ceiling warehousing and storage space, providing modern facilities and efficient inter-modal transfer with advanced and sophisticated information services. The sustainability of Hong Kong as the regional hub largely depends on how well it can meet the challenges of providing outstanding logistics (including air and sea port) services while keeping handling charges and operating costs at competitive levels. Equally important, the cross-boundary flow of goods between Hong Kong and South China must not be unduly impeded by administrative or bureaucratic procedures. Facilitating the flow of goods and services across the border will benefit both the Chinese and the local economies. This book examines the scale of the economic impacts from the investments in logistics infrastructure expansion as well as the investment in the installation of latest logistics technology necessary to transform Hong Kong into a state-of-the-art logistics centre.

How Shanghai Won in the Competition with Hong Kong, Busan and Singapore as a Global Logistics Centre in East Asia

Author : Caroline Mutuku
Publisher : GRIN Verlag
ISBN 13 : 3668740909
Total Pages : 20 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis How Shanghai Won in the Competition with Hong Kong, Busan and Singapore as a Global Logistics Centre in East Asia by : Caroline Mutuku

Download or read book How Shanghai Won in the Competition with Hong Kong, Busan and Singapore as a Global Logistics Centre in East Asia written by Caroline Mutuku and published by GRIN Verlag. This book was released on 2018-07-03 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Polemic Paper from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 1, , language: English, abstract: Shanghai appears to be facing enormous challenges in developing into a global logistics center in East Asia owing to the steep competition from Singapore, Hong Kong and Busan. These cities share geographical features primarily with regard access, and they are known to host the top five international seaports in the Asian continent. Their strategic location has been found to be one of the most significant features which have enabled the Asia-Pacific Region, primarily East Asia to experience extensive expansion in global logistics and business leaders in the Asian continent. For instance, Singapore’s logistic capabilities have enabled it to become a global hub for foreign multinational corporations. It has also experienced logistic development in transportation, financial, commercial and telecommunication sectors. On the other hand, Hong Kong has been experiencing extensive economic development owing to the impacts of globalization and urbanization which seem to have enhanced its logistic capabilities. It is believed that Busan, Korea’s second largest city does not pose great competition to Shanghai as it is the case with Singapore and Hong Kong. However, its rapid expansion in the recent years implies the advancement of its logistic capabilities, so it may become a significant competitor as a global logistics center in the region. Economic models indicate that Shanghai possess a competitive advantage in global logistics, owing to its expansion in the hospitality industry which seem to have attracted foreign multinational corporations. It is predicted that Shanghai will win in competition with Busan, Hong Kong and Singapore as a global logistics center if its logistic strategies are implemented. It is also favored by the current wave of globalization because it has seemingly become one of the most preferred destinations by foreign investors. Therefore, this research paper will discuss several ways on how Shanghai can win in competition with Singapore, Hong Kong and Busan as a global logistics center in the next decade.

Hong Kong's Future as a Regional Transport Hub

Author : Peter James Rimmer
Publisher : Australian National University, Research School of Social Sciences
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Hong Kong's Future as a Regional Transport Hub by : Peter James Rimmer

Download or read book Hong Kong's Future as a Regional Transport Hub written by Peter James Rimmer and published by Australian National University, Research School of Social Sciences. This book was released on 1992 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Land-use/Transport Planning in Hong Kong

Author : Harry T. Dimitriou
Publisher : Routledge
ISBN 13 : 0429778791
Total Pages : 374 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Land-use/Transport Planning in Hong Kong by : Harry T. Dimitriou

Download or read book Land-use/Transport Planning in Hong Kong written by Harry T. Dimitriou and published by Routledge. This book was released on 2018-11-20 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume is certain to be the definitive work about the practice of land-use and transport planning in Hong Kong. Dimitriou and Cook explore the historical developments, current issues and problems, policy and planning responses and new directions. Hong Kong has experienced remarkable economic growth as the ‘Gateway to China’ and its land-use has become a model for other cities in the region and for China as a whole.

Infrastructure for a Seamless Asia

Author : Asian Development Bank
Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Infrastructure for a Seamless Asia by : Asian Development Bank

Download or read book Infrastructure for a Seamless Asia written by Asian Development Bank and published by . This book was released on 2009 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines major challenges and issues associated with developing regional infrastructure through the fostering of regional cooperation in Asia, and provides a framework for pan-Asian infrastructure cooperation. The study's long-term vision is the creation of a seamless Asia (an integrated region connected by world-class, environmentally friendly infrastructure) in terms of both "hard" (physical) and "soft" (facilitating) infrastructure. The soft part supports the development and operation of the hard component. Findings indicate that the benefits of upgrading and extending Asia's infrastructure networks are substantial, and that all countries in the region would benefit. A logistics network is only as good as its weakest link; each country in a regional supply chain gains from infrastructure improvements made in others. Improving connectivity in the region would bring Asia large welfare gains through increased market access, reduced trade costs, and more efficient energy production and use. According to the study, to achieve this Asia needs to invest approximately $8 trillion in overall national infrastructure between 2010 and 2020. In addition, Asia needs to spend approximately $290 billion on specific regional infrastructure projects in transport and energy that are already in the pipeline

Infrastructure?s Role in Lowering Asia?s Trade Costs

Author : Douglas H. Brooks
Publisher : Edward Elgar Publishing
ISBN 13 : 1781953279
Total Pages : 256 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Infrastructure?s Role in Lowering Asia?s Trade Costs by : Douglas H. Brooks

Download or read book Infrastructure?s Role in Lowering Asia?s Trade Costs written by Douglas H. Brooks and published by Edward Elgar Publishing. This book was released on 2009-01-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.

Logistical Asia

Author : Brett Neilson
Publisher : Springer
ISBN 13 : 9811083339
Total Pages : 307 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Logistical Asia by : Brett Neilson

Download or read book Logistical Asia written by Brett Neilson and published by Springer. This book was released on 2018-05-01 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how the management science of logistics changes working lives and contributes to the making of world regions. With a focus on the port of Kolkata and changing patterns of Asian regionalism, the volume examines how logistics entwine with political power, historical forces, labour movements, and new technologies. The contributors ask how logistical practices reconfigure both Asia’s relation to the world and its internal logic of transport and communication. Building on critical perspectives that understand logistics as a political technology for producing and organizing space and power, Logistical Asia tracks how digital technologies and material infrastructure combine to remake urban and regional territories and produce new forms of governance and subjectivity.

Market Development and Policy for One Belt One Road

Author :
Publisher : Elsevier
ISBN 13 : 0128162864
Total Pages : 236 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Market Development and Policy for One Belt One Road by :

Download or read book Market Development and Policy for One Belt One Road written by and published by Elsevier. This book was released on 2022-08-23 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Belt and Road initiative is marketed by the Chinese government as the “twenty-first century maritime Silk Road and the “Silk Road economic belt . The initiative encourages policy coordination, trade facilitation, financial integration, and transport connectivity. The Belt and Road initiative covers at least 65 countries across Asia, Africa, the Middle East, and Europe, involving 70% of the global population, 75% of world energy reserves and 55% of world GNP. Such an initiative is expected to bring significant impacts to the transport and logistics industry in the regions involved. The transport and logistics sector not only directly contributes to the production of transport and logistics services, but also provides essential inputs to other sectors such as tourism, trade, infrastructure investment and management. Therefore, it is important to jointly analyse the implications of the Belt and Road initiative to the transport and logistics sectors, the best strategies and operation practices that the industry can pursue, and the right government policies that should be implemented in relation to the initiative. This volume will be the first in Elsevier’s China Transportation Series, from series editor Paul Tae-Woo Lee. If you are interested in writing or editing for the series, please contact Dr. Lee: [email protected]. Reviews the historical development and current status of the transport and logistics industries in the markets covered by the Belt and Road initiative and identifies the determinants of market performances and industry policies Models the market mechanisms and firms’ decision-making patterns so that the effects of alternative business strategies and industry policies can be evaluated, helping stakeholders to identify the business opportunities brought by the Belt and Road initiative and predict the associated implications and policy changes related to the transport and logistics industry Brings together studies on important issues that may have inter-related effects and influences by: analysing different modes of transport and logistics services (e.g. maritime and inland river transport, aviation, rail, and road transports); investigating both regional and international markets that are covered by the Belt and Road initiatives, with a focus on Europe, China and Northeast Asia; and studying important issues related to business strategies, government regulation, social welfare and firm performances

Study for the Development of a Digital Trade and Transportation Network (DTTN) System to Support the Development of Hong Kong as an International Logistics Hub

Download Study for the Development of a Digital Trade and Transportation Network (DTTN) System to Support the Development of Hong Kong as an International Logistics Hub PDF Online Free

Author : Hong Kong Economic Development and Labour Bureau. Port, Maritime and Logistics Development Unit
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (82 download)

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Book Synopsis Study for the Development of a Digital Trade and Transportation Network (DTTN) System to Support the Development of Hong Kong as an International Logistics Hub by : Hong Kong Economic Development and Labour Bureau. Port, Maritime and Logistics Development Unit

Download or read book Study for the Development of a Digital Trade and Transportation Network (DTTN) System to Support the Development of Hong Kong as an International Logistics Hub written by Hong Kong Economic Development and Labour Bureau. Port, Maritime and Logistics Development Unit and published by . This book was released on 2002 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Development of Airfreight Hubs in the Greater Pearl River Delta

Author : Jana Schebera
Publisher : diplom.de
ISBN 13 : 3832496572
Total Pages : 142 pages
Book Rating : 4.8/5 (324 download)

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Book Synopsis Development of Airfreight Hubs in the Greater Pearl River Delta by : Jana Schebera

Download or read book Development of Airfreight Hubs in the Greater Pearl River Delta written by Jana Schebera and published by diplom.de. This book was released on 2006-06-26 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: Everything has beauty, but not everyone sees it goes a famous saying by Confucius. My wish in writing this paper is to convince readers of the peculiar beauty and importance of the highly dynamic aviation landscape of the southern Chinese Pearl River Delta. Airfreight is an essential and highly sophisticated part of an economy s logistics infrastructure. A functioning infrastructure is vital for the development of an economy, in particular for its international trade. As trade is a key component in China s economic success formula, demand for an efficient infrastructure is high. Air transportation has become one of the most effective tools to explore and serve world markets. In today s highly competitive business world, just-in-time delivery and good customer service are absolutely crucial. The overall trend towards fast reliable delivery and the transformation of China s economy along with the value chain of production, have boosted demand for air transportation. Due to these developments, the air cargo market, which is still at low levels particularly in domestic transportation, is one of the fastest growing markets in China. The regional focus of this study is on the economic powerhouse of China, the Pearl River Delta (PRD) located in the southern province of Guangdong. Everyone who knows the highly industrialised landscape of the PRD would probably agree, that the region s nickname factory of the world is more than appropriate. The PRD has the highest per capita output in China and generates about one third of national exports. The Greater Pearl River Delta (GPRD) consists of the PRD and the Special Administrative Zones Hong Kong and Macao. In many respects, it is one of the most interesting economic entities of the world. Economy and infrastructure are integrated on a very high level. The GPRD features many extremes: its strong economic power, its rapid growth that has been the highest in China for many years, its population density and last but not least, its aviation landscape. Within radial distance of about 100 km, five international airports are at service, creating the highest airport density in the world. Three of these airports are among China s top five airports. The clear leader among them is Hong Kong International Airport (HKIA), which has established itself as a major hub in Asia and has been the airport with the highest international air cargo throughput of the world for many years. Its dominant [...]

Transport Efficiency through Logistics Development

Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9290928794
Total Pages : 100 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Transport Efficiency through Logistics Development by : Asian Development Bank

Download or read book Transport Efficiency through Logistics Development written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-10-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Logistics includes material flow, information flow, and financial flow between the point of supply and the point of consumption, with transport serving as its core. With the rapidly evolving economy of the People's Republic of China (PRC), there is a need for a modern transport and logistics system that is efficient, safe, sustainable, and meets customers' requirements. This policy brief describes the current state of transport and logistics development in the PRC. It provides policy recommendations that are suitable for application in the PRC, based on the results of the study and analysis of best practices in different countries.

Development of Airfreight Hubs in the Southern Chinese Pearl River Delta - A Comparative Analysis

Author : Jana Schebera
Publisher : GRIN Verlag
ISBN 13 : 3638688453
Total Pages : 145 pages
Book Rating : 4.6/5 (386 download)

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Book Synopsis Development of Airfreight Hubs in the Southern Chinese Pearl River Delta - A Comparative Analysis by : Jana Schebera

Download or read book Development of Airfreight Hubs in the Southern Chinese Pearl River Delta - A Comparative Analysis written by Jana Schebera and published by GRIN Verlag. This book was released on 2007-07 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thesis (M.A.) from the year 2006 in the subject Business economics - General, grade: 1.0, Free University of Berlin (Sinologie, Betriebswirtschaftslehre), 38+33Online entries in the bibliography, language: English, abstract: Airfreight is an essential and highly sophisticated part of an economy's logistics infrastructure and has become one of the most effective tools to explore world markets. The overall trend towards fast reliable delivery and the transformation of China's economy along with the value chain of production, have boosted demand for air transportation. Due to these developments, the air cargo market, which is still at low levels particularly in domestic transportation, is one of the fastest growing markets in China. The regional focus of this study is on the economic powerhouse of China, the Greater Pearl River Delta (GPRD) located in the southern province of Guangdong including Hong Kong and Macao. In many respects this is one of the most interesting economic entities of the world. Economy and infrastructure are integrated on a very high level. The GPRD features many extremes: its strong economic power, its rapid growth, the highest in China for many years, its population density and last but not least, its aviation landscape. Within radial distance of about 100 km, five international airports are at service, creating the highest airport density in the world. Three of these airports are among China's top five airports. The clear leader among them is Hong Kong International Airport (HKIA), a major hub in Asia featuring the world's highest international air cargo throughput for many years. Its dominant counterpart for domestic traffic is located some 100 km north in the very heart of the PRD, Guangzhou Baiyun International Airport (GBIA). The strong air cargo business of HKIA, that is largely fed by PRD freight has been watched closely by Mainland administrations. Liberalised air traffic policy in recent years has rapidly expanded China's own interna

Towards a Knowledge-based Economy

Author : Seiichi Masuyama
Publisher : Institute of Southeast Asian Studies
ISBN 13 : 9812301801
Total Pages : 332 pages
Book Rating : 4.8/5 (123 download)

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Book Synopsis Towards a Knowledge-based Economy by : Seiichi Masuyama

Download or read book Towards a Knowledge-based Economy written by Seiichi Masuyama and published by Institute of Southeast Asian Studies. This book was released on 2003-01-21 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolution of the information and communications technology (ICT) paradigm is shifting the basis for economic activity from material and labour inputs to knowledge and information inputs, spawning the knowledge-based economy. In East Asia, it is evident that the emergence of the knowledge-based economy is disrupting the flying geese pattern of development and creating a new industrial geography. This book gives a picture of the shifting industrial geography in the region based on accounts of the status of the knowledge-based economy in ten individual East Asian economies. For some economies the increased production of ICT equipment and services is the pathway to the knowledge-based economy and even to leapfrogging ahead of more advanced economies. Other economies are focused on putting in place the physical and institutional infrastructure to connect to electronic networks and avoid the digital divide. For yet others, the emergence of the knowledge-based economy is expanding their role in the region, adding the role of ICT hub.

ROLE OF HONG KONG IN THE REGIO

Author : Shek-Yung Anthony Lo
Publisher : Open Dissertation Press
ISBN 13 : 9781374722972
Total Pages : 66 pages
Book Rating : 4.7/5 (229 download)

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Book Synopsis ROLE OF HONG KONG IN THE REGIO by : Shek-Yung Anthony Lo

Download or read book ROLE OF HONG KONG IN THE REGIO written by Shek-Yung Anthony Lo and published by Open Dissertation Press. This book was released on 2017-01-27 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "The Role of Hong Kong in the Regional Governance of Water-borne Transport Service and Infrastructure" by Shek-yung, Anthony, Lo, 盧石勇, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract of dissertation entitled The Role of Hong Kong in the Regional Governance of Water-borne Transport Service and Infrastructure Submitted by Lo Shek Yung, Anthony for the degree of Master of Arts in Transport Policy and Planning at the University of Hong Kong in June 2004 Benefited from the prerequisites of deep-water harbour and the close proximity to the industrious Pearl River Delta Region, Hong Kong has gradually developed into a world-class container port over the decades, and has achieved to be a major entrepot for Southern China as well as the world's busiest container port for many years. The success of port business development also relies on the port policy of Hong Kong that her port facilities are financed, owned and operated by the private sectors. Meanwhile, the Government's role is to undertake long-term strategic planning for port facilities and to provide the necessary port supporting infrastructures. However, Hong Kong's role in the regional water-borne transportation is not restricted simply to the port facilities. According to the global trends of economy and container transportation development, together with the rapid development in logistics related industries, the role of Hong Kong has been shifting to new direction other than concentrating in further establishing port facilities. Apart from the interference of global trends, the condition of Hong Kong also changed tremendously after the returning of her sovereignty back to China and the rapid economic development throughout China, thus the urban policy in the whole region of the PRD has to re-establish to adapt the newly aroused competitions and co-operations that encountered, which then lead to the consequent alternation in urban activities, institutions and infrastructures that affecting port development and operation in the region. This paper's major objective is to study the governance of Hong Kong's regional role in water-borne goods transportation by looking into the effect of the shift in the Government's policy to the port and maritime related institutional structures, the activities of players in the port and maritime industries, and the complicate interrelationship to her hinterland in the PRD region. DOI: 10.5353/th_b2985157 Subjects: Marine terminals - Government policy - China - Hong Kong Containerization - Government policy - China - Hong Kong Marine terminals - China - Pearl River Delta Containerization - China - Pearl River Delta

CASE STUDY OF BUILD-OPERATE-TR

Author : Chi-Wah Felix Lo
Publisher : Open Dissertation Press
ISBN 13 : 9781374726468
Total Pages : 86 pages
Book Rating : 4.7/5 (264 download)

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Book Synopsis CASE STUDY OF BUILD-OPERATE-TR by : Chi-Wah Felix Lo

Download or read book CASE STUDY OF BUILD-OPERATE-TR written by Chi-Wah Felix Lo and published by Open Dissertation Press. This book was released on 2017-01-27 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "A Case Study of Build-operate-transfer Road Project in Hong Kong: Route 3 Country Park Section" by Chi-wah, Felix, Lo, 盧志華, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstracts of dissertation entitled A Case Study of Build-Operate-Transfer Road Project in Hong Kong: Route 3 Country Park Section Submitted by Lo Chi-wah, Felix For the degree of Master of Arts in Transport Policy and Planning at The University of Hong Kong in June 2004 In the planning of infrastructure projects, financing is a key consideration at the onset of the process. In view of the scale of infrastructure project and current budget deficit in Hong Kong, there is an increasing desire to tap new sources of funds from private sectors to finance projects in meeting development needs. The BOT structure is the most widely used model in the project financing of infrastructure such as transportation projects. For an infrastructure project under BOT model, the private sector is involved in the financing, construction and operation of the infrastructure and the project would be transferred back to the government upon expiry of the concession period. The concessionaire, in return, is granted with the right to charge the users for enjoying the services provided during the concession period. The BOT road projects in Hong Kong include Cross Harbour Tunnel, Eastern Harbour Crossing, Tate's Cairn Tunnel, Western Harbour Crossing and Route 3 Country Park Section (CPS). Route 3 CPS is the most recent project under BOT model in Hong Kong and has involved a significant investment. Like many other privatized road projects in Asia, it has been impacted unexpectedly by the Asian financial crisis in late 1990s. Currently, it is experiencing problems of over-optimistic forecast on traffic and revenue for the project. This dissertation reviews major issues of some real cases of BOT road projects in Hong Kong. It covers areas on how it was initiated, organized and operated. A detailed investigation was carried out on various risks of Route 3 CPS project and the main focus is on the analysis of its traffic and revenue risk. In analyzing the factors affecting this risk, a number of events were identified that account for its shortfall in revenue and low traffic flow. The major ones include unexpected economy downturn, decline of manufacturing industry and competition from toll-free Tuen Mun Road. A qualitative analysis is also presented to show the indicative trend of the future traffic and revenue of Route 3 CPS, by taking into account of socio-economic factors such as population growth, Gross Domestic Product growth, development programme of transport projects in the vicinity. It is found that the Route 3 CPS project will likely be prospective and profitable in medium term. In the last section of the dissertation, recommendations on tolling strategies for BOT model, including, shadow toll, and toll integration and pooling, are discussed. Also, the improvement strategies for mitigating the traffic and revenue risk of Route 3 CPS are suggested such as toll balancing strategy of the BOT road, new road diverting cross border traffic to Route 3. DOI: 10.5353/th_b2994987 Subjects: Infrastructure (Economics) Roads - China - Hong Kong - Design and construction Privatization - China - Hong Kong