DOUBLING port efficiency was found to increase two
countries' bilateral trade 32 per cent, according to a recent study by the
affluent nation group, the Organisation of Economic Cooperation and Development
(OECD).
The OECD report focuses on the value of ports at local
and national economies. It reveals that one tonne of throughput is associated
with US$100 economic value as well as finding that one million tonnes of
throughput equates with 300 short-term jobs.
Entitled "The Competitiveness of Global Port-Cities"
the study is report is based on earlier port-cities case studies of Hamburg,
Marseilles, Rotterdam, Amsterdam, Durban, the Le Havre-Paris corridor and
Shanghai.
"There are three main options for increasing local
value from ports: maritime clusters, industrial development and port-related
waterfronts, but all options have shown mixed results; there are good practices
but also policy failures," he said.
The report covers 10 world regions with the highest
volume of patent applications in shipping are those with large global hubs such
as Los Angeles, Long Beach, Houston, Oakland, Tokyo and Rotterdam.
Source : HKSG.
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