Public-Private Partnerships in Port Areas: Lessons Learned from Case Studies in Antwerp and Rotterdam

Abstract

The cost-benefit analysis (CBA) is a widely used approach for the appraisal of transport projects, but criticisms on it have led to the development of alternatives such as the BENEFIT approach. This book chapter analyzes three cases of infrastructure investments in port areas in Belgium and the Netherlands, by application of the BENEFIT approach. We find inter alia that differences in country performance on internationally accepted indicators can influence differences in infrastructure investments between countries. Moreover, infrastructure projects with larger revenue-generating possibilities will influence the PPP (public-private partnership) potential of this type of projects in a positive way. Applying different appraisal methods to the same infrastructure project might help to arrive at infrastructure project investment approvals that are well-documented.