The theory was shown to explain the behavior of port stakeholders in improving competitiveness by balancing the need to attract new customers with that of attracting new investors when making decisions, which can often be contradictory. The analysis showed significant effects for the 5 variables of Volume Competitiveness and the 5 variables of Investment Competitiveness.
This article studies port strategy from a supply chain perspective considering the case of Hong Kong. Hong Kong port used to be the world’s busiest container port, but it is now in danger of losing its hub status due to rising competition from neighboring lower-cost rivals. The analysis shows that Hong Kong’s free port status and worldclass customs clearance offer the port a sustainable and…