Study: Asian Ports Need $12B a Year in Investment
As an emerging economic powerhouse, the East Asia and Pacific region has become one of the most trade-dependent regions in the world. At the heart of this trade is a strong reliance on efficient ports, ships and fuel supply chains. For instance, China has made massive investments in its ports sector, delivering unparalleled efficiency for its trade-centered economy. But a recent World Bank report is warning of rising systemic weaknesses affecting maritime transport across the Pacific region. In the port...
Continue Reading...
Loading More news