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The Strategic View of Port Investment Decisions

Table 3:

Strengths Weaknesses
(S1) Low labor costs(S2) Competitive port tariffs(S3) Turkey's strategic & transit position (crossroads of three continents)(S4) Increasement in private port investments, port expansion-development projects(S5) Good structured national road network to provide a connection between ports to their hinterland(S6) Turkey’s Green Port/ Ecological Port project (W1) Infrastructure, and railroad connection problems of ports(W2) Inefficiency usage of port equipment(W3) Qualified workforce insufficient(W4) Bureaucratic difficulties for port investments, unplanned port construction, and port authority model deficiency (W5) Traffic congestion around the ports and port cities(W6) Pilotage and towing services legislation deficiencies(W7) High investment costs
Opportunities Threats
(O1) Trade growth between Europe and Asia(O2) EU neighbor policy aiming to reach Asian markets with improved logistics infrastructure (O3) Expectations of growth to maritime trade in the Mediterranean due to the New Suez Canal(O4) The growth trend in container trading volume(O5) China’s decrease in trade volume shifted the World trade towards developing countries (T1) Investments in competing ports in the region (Anaklia/ Georgia; Port Said/ Egypt)(T2) Political and security problems in the Middle East Region(T3) Increase in port competition(T4) Turkey’s negative macroeconomic trends
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