Infrastructure for Integrating South and Southeast Asia
Edited by Michael G. Plummer, Peter J. Morgan and Ganeshan Wignaraja
This book analyses how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process. Country studies of national connectivity issues and policies cover Bangladesh, India, Myanmar, Nepal, Sri Lanka and Thailand, examining major developments in South Asia–Southeast Asia trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives. Thematic chapters explore investment in land and sea transport infrastructure, trade facilitation, infrastructure investment financing, supporting national and regional policies, and model-based estimates of the benefits of integration. Employing a state-of-the-art computable general equilibrium (CGE) model, the book provides a detailed an up-to-date discussion of issues, innovations and progress.
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Chapter 3: Infrastructure to support seaborne trade between South Asia and Southeast Asia
This chapter examines the seaports responsible for handling the majority of trade around the Bay of Bengal with a view to identify projects that will contribute to improving maritime infrastructure and enable trade in and around the Bay of Bengal. It reviews the nature of trade and how that trade could evolve, analyzes the primary types of maritime trade around the Bay of Bengal and the ships that carry that trade. It also reviews the changes that could occur and would have a significant impact on trade patterns allowing for quantum limits on their ability to change trade patterns (with special consideration of the Indian East Coast Corridor Study). It examines the main ports on the Bay of Bengal to understand their history, regulatory regimes, purpose, capabilities, primary specifications, constraints, productivity, fitness for purpose when compared to other ports in comparable situations, and their opportunities to improve and develop. Finally, the chapter develops strategic options through which the seaports around the Bay of Bengal could adjust and develop to support the evolution of trade. The chapter provides policy recommendations on how the constraints can be addressed.
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