The main purpose of this paper is to examine the foreign investment strategies of Global Terminal Operators focusing on Hong Kong-based Hutchison Port Holdings, the world`s largest transnational port corporation. According to case study, the four main...
The main purpose of this paper is to examine the foreign investment strategies of Global Terminal Operators focusing on Hong Kong-based Hutchison Port Holdings, the world`s largest transnational port corporation. According to case study, the four main characteristics of HPH`s foreign investment strategies are founded : host country-specific investment strategy, strategic partnership with shipping liners, long-term investment strategy, and global port networking for using economies of scale and service differentiation. Although the emergence of Global Terminal Operators can give positive effects on host country in terms of employment enlargement, induction of foreign capital, and improving of terminal efficiency, the increase of GTO`s market dominance also bring about the monopoly in port industry and possibile increase of terminal charges.