The private sector has becomeincreasingly involved in the operation of common-user portfacilities during the 1990s, following public sectordominance of the sector since the 1940s. During the pastdecade the reform of port administration has gained momentumin industrial and developing countries alike. Between 1990and 1998, 112 port projects with private participationreached financial closure in twenty-eight developingcountries, with investment commitments totaling more thanUS$9 billion. Most projects are in East Asia and LatinAmerica, and most are long-term concessions. This Noteprovides an overview of the emerging trends in developingcountries and outlines the main issues for the future. Theseissues include sustaining competition at a regional level,across networks, and with other transport sectors, such asroad and rail.