Geneva, 17 May 2021 – Geneva-based NGO WAPPP (World Association of PPP Units & Professionals) has established a Port Chapter to address the challenges of public-private partnerships (PPPs) in the port sector.
As part of its launch activities the Port Chapter will be running a panel discussion at the WAPPP Annual Conference on 14th -16th of June. A regular contributor to WAPPP's activities, the Chapter will then hold ad hoc seminars, regular information exchange meetings and publish articles and blogs.
The Chapter’s pro bono steering committee is headed by Erik Wehl who has been working in the port space for 20 years, initially with one of the leading global terminal operators and since 2009 in his own consulting practice specialising in ports, container terminals and other physical infrastructure projects.
“PPPs are central to the success of the worldwide port industry and are increasing in importance and complexity. Like all PPPs, there are significant challenges and potential pitfalls. It’s important for the public and private sector to get things right, both in terms of designing port concessions, and managing them throughout their lifecycle”, said Erik Wehl.
World Bank Group data shows that in the last 25 years, over 400 port sector PPI (Private Participation in Infrastructure) projects reached financial closure in nearly 70 emerging countries around the world. Around 60% of these were greenfield projects. Furthermore, while the number of projects each year has reduced over time, the investment size per project has increased markedly.
Port Chapter heading towards a global network of PPP practitioners
“The WAPPP Port Chapter is unique in establishing an ecosystem for all key stakeholder groups within the ports industry. It is a global forum for sharing vital port sector PPP knowledge and best practices plus facilitating all-important networking”, said Ziad Hayek, WAPPP President.
Membership of the Port Chapter is open to individuals and organisations from government agencies, port authorities, port and terminal operators, investors and PPP consultants active in the port industry as well as academic institutions.
The Port Chapter aims to:
Create an ecosystem within the industry to enable key stakeholder groups to communicate and learn on a professional basis
Act as an information exchange hub between PPP units, operators, investors, PPP professionals and others● Provide an information repository for Port Chapter members
Be a learning organisation for the port PPP world through sharing best practices and by proposing innovations and optimisation to port PPP method and concepts
Support the development of new port projects in accordance with United Nations Sustainable Development Goals (SDGs)\