United States/WA: Port Infrastructure Market Will Boom In Near Future
Report Pages:[130 Pages]
The Competitive Area of the Port Infrastructure Market is Defined by Key Players Like:-ACS Group, Hyundai Engineering, Consolidated Engineering Construction Co, Bechtel, and Danube Ports Network Company.
The port infrastructure is the base for port operations to serve the vessel, cargo and passengers which pass through ports. The development of port infrastructures requires capital-intensive investments, a long lead-time and therefore long-term planning. The idea of connecting the port infrastructure to the general system of transportation (airports, train and motorways) has been recently studied by experts. They agree with the idea that intermodal connectivity can optimise the freight distribution as well as bring more people from different areas. The introduce of regionalisation as a development of ports outside the proper extension of ports and based on the connection between them and the intermodal transport. The Port Infrastructure Development Program supports the efficient movement of commerce upon which our economy relies through discretionary grant funding that helps strengthen, modernize, and improve our country’s maritime systems and gateway ports. Grants are awarded on a competitive basis and support the Nation’s long-term economic vitality.
According to Port Technology International journal in November 2014, an estimated total of US$ 28.7 billion investment were to be made in Brazil, Peru, Chile, and Colombia for port infrastructure market. Growing investments in Latin America to improve transportation, strengthen the commodity exports and fulfill the local consumer demands will present significant growth opportunities over the forecast period. The region is characterized by the presence of 92 anchorages and 15 terminals, a significant number of which need to be upgraded. This creates a high growth prospect for the port infrastructure market in the region.
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Global Port Infrastructure Market Taxonomy
On the basis of infrastructure project, the global port infrastructure market is classified into:
- Container
- Energy
- Break-bulk
- Roll-on/roll-off ports (ro-ro ports)
On the basis of facility type, the global port infrastructure market is classified into:
- Deep-water seaport
- Seaport
- River port
- Harbor
- Pier, Jetty or wharf
- Port terminal
- Off shore terminal
- Canal
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