Dear Members of the World Investment Network,
It is my pleasure to inform you that UNCTAD
has just launched a publication entitled "How
to utilize FDI to improve transport infrastructure - ports: Lessons from
Nigeria”, the eigth instalment
of UNCTAD´s Investment Advisory Series B.
The study focuses on the experience that
Nigeria has had in the development of its port infrastructure and management
and on identifying lessons from Nigeria in introducing foreign investment
into ports and its broad-based reforms in the sector over the past decade.
The potential benefits of FDI when compared
to domestic investment include better access to capital, more sophisticated
knowledge and expertise, more advanced technology, and larger economies
of scale. The opening of port opportunities to foreign investors helps
host countries select the most cost-effective terminal investor with the
highest capacity to shoulder long-term financial risks. Challenges of FDI
in ports should not be underestimated and include, among others, establishing
the necessary legal and institutional framework, restructuring port entities,
managing the bidding process, negotiating with ITOs, and providing fair
and effective regulation throughout the life of the project.
Although these lessons cannot be generalized
to all situations, as there is no "one-size-fits-all" model,
they serve as useful guidelines and present policy options that should
be adjusted according to specific contexts and constraints.
We hope you find the paper interesting and
look forward to hearing your views. Please don’t hesitate to contact us
on this or any of the other publications from our Investment Advisory series
listed below.
Best regards,
James X. Zhan
Director
Investment & Enterprise Division
United Nations Conference on Trade &
Development
Palais des Nations, Geneva
Tel: +41 22 9175797
www.unctad.org/diae
UNCTAD Investment Advisory Series
Series
A:
1. Investment
Promotion Handbook for Diplomats, Investment Advisory Series - Series A,
number 6;
2. Promoting
foreign Investment in Tourism, Investment Advisory Series, Series A, number
5;
3.
Promoting Investment and Trade: Practices
and Issues, Investment Advisory Series, Series A, number 4;
4. Evaluating
Investment Promotion Agencies, Investment Advisory Series, Series A, number
3;
5. Investment
Promotion Agencies as Policy Advocates, Investment Advisory Series Series
A, number 2; and
6. Aftercare
A Core Function In Investment Promotion, Investment Advisory Series, Series
A, number 1
Series
B:
1.
Best Practices in Investment for Development:
How to Attract and Benefit from FDI in Mining - Lessons from Canada and
Chile;
2.
Best Practices in Investment for Development:
How to Integrate FDI and Skill Development - Lessons from Canada and Singapore;
3.
Best Practices in Investment for Development:
How to Create and Benefit from FDI-SME Linkages - Lessons from Malaysia
and Singapore;
4.
Best Practices in Investment for Development:
How to Create and Benefit from FDI-SME Linkages - Lessons from Malaysia
and Singapore;
5.
Best Practices in Investment for Development:
How Post-Conflict Countries can Attract and Benefit from FDI - Lessons
from Croatia and Mozambique;
6. Best
Practices in Investment for Development: How to Utilize FDI to Improve
Transport Infrastructure – Roads, Lessons from Australia and Peru; and
7. Best
Practices in Investment for Development: How to Utilize FDI to Improve
Infrastructure – Electricity, Lessons from Chile and New Zealand
WIR
