Independent journal on economy and transport policy
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a study advices against the construction of the tenth container terminal of the port of Hong Kong
Attended a annual increase of the containerized trade in the Asian port of call of mainly produced +1.5% from the transhipment
December 3, 2014
Not there is need to construct to a tenth container terminal in the port of Hong Kong. 10 (CT10) in the area of Southwest Tsing Yi evidence the study of preliminary feasibility for the realization of the Container Terminal that is commissioned by the Transport and Housing Bureau di Hong Kong and is introduced monday from the government of the Chinese harbour city. The precise document that the traffic of the container to Hong Kong will continue to grow in the next few years, but in order to tackle to a future increase of the enlivened containerized volumes from the port of call from to 2030 is necessary here rather to strengthen the ability than traffic of the container terminal already in service and the relative infrastructural services.
In particular, until 2030 a annual increase of the containerized trade in the Asian port of +1.5% is attended, traffic that in that year will be pairs to 31,5 million teu. Main device driver of such progression will be the increment of the volumes of container in transfer in the international traffic.
For that it regards in specific the CT10, the study explains that the realization of the new container terminal to Southwest Tsing Yi is technically possible, but the project is not feasible financially or economically above all because the last forecast on the containerized trade enlivened in the next few years from the port of Hong Kong anticipates a slower rhythm of increase regarding the forecasts precedence. Moreover about 75% of the previewed increase it is relative to the traffic of transhipment, that it generates turned out economic inferiors regarding the export or import traffic. The intensity of the investment previewed for the construction of the CT10 is very 60,9 billion dollars of Hong Kong to prices of 2011 (beyond USA 7,8 billion dollars) and it previews that the economic and financial returns cannot entirely cover the costs of investment within a period 50-year-old.
The study recommends to under investigation resume the forecast of increase of the containerized trade in the arc of next the five years in order to monitor its development to the aim to assure the timely adaptation of the harbour structures and connected infrastructures.
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Not there is need to construct to a tenth container terminal in the port of Hong Kong. 10 (CT10) in the area of Southwest Tsing Yi evidence the study of preliminary feasibility for the realization of the Container Terminal that is commissioned by the Transport and Housing Bureau di Hong Kong and is introduced monday from the government of the Chinese harbour city. The precise document that the traffic of the container to Hong Kong will continue to grow in the next few years, but in order to tackle to a future increase of the enlivened containerized volumes from the port of call from to 2030 is necessary here rather to strengthen the ability than traffic of the container terminal already in service and the relative infrastructural services.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
