题名: | A valuation approach of port funding strategies with application to a container terminal concession in Sub-Saharan Africa (Part2) |
正文语种: | eng |
作者: | Darren Fraser;Thando Mpikeleli;Theo Notteboom; |
作者单位: | Department of Maritime Studies, Durban University of Technology, Durban, South Africa;South African Institute of Chartered Accountants (SAICA), Johannesburg, South Africa;Faculty of Law and Criminology, Maritime Institute, Ghent University, Ghent, Belgium, Faculty of Business and Economics, University of Antwerp, Antwerp, Belgium and Antwerp Maritime Academy, Antwerp, Belgium; |
摘要: | This study analysed and evaluated the implications of different funding strategies associated with the case of a hypothetical two-berth port container terminal development in sub-Saharan Africa (SSA). The results of the study illustrated a range of financial investment appraisal results from the case study concession in consideration of four specific funding strategies. For each strategy, the research objectives; i.e. determining a valuation of the concession and identifying the most advantageous funding strategy applicable to the said concession, were achieved. In addition, other financial investment appraisal indicators such as the Internal Rate of Return and the discounted payback periods were provided to gauge the attractiveness of the concession to potential investors interested in an SSA port terminal concession. |
期刊名称: | 航贸周刊 |
出版年: | 2021 |
期: | 03 |
页码: | 42-56 |