Port Concessions in Chile : Contract Design to Promote Competition and Investment

Foxley, Juan ; Mardones, José ; Luis

World Bank, Washington, DC

关键词: PORTS;    CONCESSIONALITY;    CONTRACT FORMULATION;    PORT MANAGEMENT;    REFORM POLICY;   

RP-ID  :  21483

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The objective of Chile's portreform, is to encourage investments for improved portequipment, in the hope that this will lead to more efficientservice, in part by attracting larger, more modern ships.The first four major concessions, under which integratedterminals are run exclusively by private companies, startedoperations in January 2000. The integrated approach to portservices replaces a system of free entry of multiplestevedoring companies. This note reviews how the concessionswere designed: the criteria for the winning bids, the rulesto prevent concessionaires' abusing their monopolypower, the rules to encourage investment, and the provisionsfor redundant workers.