TECHNICAL PAPERS
Dec 1, 2000

Financial Risk of Port Infrastructure Development

Publication: Journal of Waterway, Port, Coastal, and Ocean Engineering
Volume 126, Issue 6

Abstract

Continually changing shipping industry practices, cargo composition, world markets, and competition among ports are making revenue estimates uncertain. This paper demonstrates the application of Monte Carlo simulation for scrutinizing sources of uncertainty and their impact on investment risk. Strengths and weaknesses of Monte Carlo simulation are discussed using the Port of Colombo development project in Sri Lanka as a case example.

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Published In

Go to Journal of Waterway, Port, Coastal, and Ocean Engineering
Journal of Waterway, Port, Coastal, and Ocean Engineering
Volume 126Issue 6December 2000
Pages: 281 - 287

History

Received: Aug 31, 1998
Published online: Dec 1, 2000
Published in print: Dec 2000

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Authors

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Prianka N. Seneviratne
Member, ASCE
Assoc. Prof., School of Civ. and Arch. Engrg., Kumamoto Univ., 2-39-1 Kurokami, Kumamoto 860-8555, Japan.
Prof., Dept. of Civ. and Envir. Engrg., Utah State Univ., Logan, UT 84322-4110.

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