The participation of the private sector in port management and operation has become the norm rather than the exception. Port privatization programmes have been undertaken throughout the world. In particular, port industry became internationalized in t...
The participation of the private sector in port management and operation has become the norm rather than the exception. Port privatization programmes have been undertaken throughout the world. In particular, port industry became internationalized in terms of construction and management.
As port industry and business became more sophisticated. the need to develop overseas port emerges gradually in Korea, which makes every efforts to be the international logistics hub in Northeast Asia.
Port studies, therefore, needs to deal with foreign direct investment of port company. The paper analyzes the location choice of foreign port development in order to secure logistics hub. Considering the economic dynamics of Northeast Asia and the future unification of Korea, it also tackles the development possibility of Dandong port, which may be selected as foreign port for Korea's FDI. It concludes that Dandong port, which is close to SinEuiJu in North Korea, could playa role as a logistics driving base.