India’s First 100% Landlord Major Port
Recently, Jawaharlal Nehru Port (JNP) has become the first major port of the country to become a 100% Landlord port having all berths being operated on PPP model.
About Landlord Port Model
- Landlord port model is characterized by its mixed public-private orientation.
- Under this, the port authority acts as regulatory body and as landlord, while port operations (especially cargo handling) are carried out by private companies.
- It aims at decentralizing decision making and to infuse professionalism in governance of major ports.
- Public sector Risk-Sharing: Mostly Low
- Private sector Risk-Sharing: Mostly High
Advantages
- Port development investment duties are clearly assigned between the ....
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