United Nations economist said southeast Asian ports must improve productivity
and technology if they expect to keep pace with logistics growth in the region,
the Journal of Commerce online reported late last year.
increasing integration of economies brought about by globalization, the trade
of Asian economies has expanded rapidly over the last decade and is showing increasing
reliance on inter-Asia trade," said Dong-woo Ha, an economic affairs officer
with the United Nations' Economic and Social Commission for Asia-Pacific. "This
places heavy demands on infrastructure development and pressure on increasing
the efficiency of transport logistics services."
to JoC, Dong told the Asean Ports Association conference in Vietnam that increased
volumes of containers moving around the region will put pressure on ports and
land transport interchanges, bringing a need for more efficient intermodal connections.
UN agency known as ESCAP forecasts Asian full-container trade will rise at an
annual rate of 7% through 2011, with the volume of international containers handled
by ports in the region increasing from 95mn TEUs to 216mn TEUs in that time.
increased demands for capital investment in ports, prioritization of port development
projects and promotion of private sector participation will become increasingly
necessary to avoid wasteful investment and ensure that funds are available for
port development projects," said Dong.
study will be commissioned to formulate a five-year plan for transport and logistics
within ASEAN (Association of Southeast Asian Nations) countries, which include
Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, Myanmar (Burma),
Laos, Brunei and Cambodia. Between now and 2007, nearly all trade and other restrictions
will be swept away under the ASEAN free-trade zone arrangement.
the Asia-Pacific, ASEAN countries account for more than 30% of port container
traffic and a third of the region's merchant fleet. ASEAN countries have more
than 200 international ports and 3,700 domestic terminals.