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Cost-Benefit Analysis (CBA) is a useful tool to assess the financial and economic implications of infrastructure projects. In the ports and maritime sector, infrastructure usually requires large investments, which can often only partly be recovered from the revenues that can be generated from these facilities. Moreover, maritime infrastructure offers national economies vital connections to worldwide trade networks and can as such be seen as (partly) a public good. This means that in port development projects, public and private sector participants each have their own objectives and need to join forces to be able to reach these objectives.
What will the training cover?
Port CBA training will cover the process of a port feasibility study from a financial and economic point of view. It will address all major steps of a port feasibility study, with a focus on:
- The financial and economic aspects: trade & traffic forecasting, institutional arrangements, financial feasibility and economic CBA.
- It will show how private and public stakeholders approach project feasibility and what the differences and the similarities of their approaches are.
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