Opposed, nay. Consent calendar carries. Item 11 a informational [inaudible] report on contracting activities refers fiscal year 2013 and 14 july 1, 2013 through december 31, 2013. Good afternoon commission. I Megan Wallace reports budget manager. Today im actually going to be providing contacts update report. This report is for the 1st two quarters of the fiscal year. So, july through december 2013. Just as an overview of what i want to cover in this presentation, as you made be the mother with this report really covers professional services and construction contracts. 1st im going to touch upon the executive directors use of delegated authority. Then go into the contract activity so far in this fiscal year as well as discussed the local Business Enterprise activity including new contracts, payments made, are effective effectiveness at the local hiring program, and then talk about highlights and opportunities for improving our local enterprise utilization. 1st of all, as a reminder, th
Understanding the role of Foreign Direct Investment in port development
Private sector investment and involvement in developing ports emerged as a significant requirement in the 1980s. By this time, many ports had become bottlenecks to the efficient distribution chains of which they are an essential component. Government investments into port development was categorized as ‘White Elephant Syndrome’ due to the following three main problems, illustrated by port congestion and consequent chronic service failures, contributed to the gradual deterioration of service quality during this period.
The first reason for a lack of port service quality was the inability or unwillingness of many governments to invest in expensive port infrastructure or the ‘misinvestment’ in infrastructure (providing facilities that were badly matched with the needs of foreign trade and shipping). During this period, a number of beautifully constructed port complexes became ‘white elephants’
Colombo, February 15: Private sector investment and involvement in developing ports emerged as a significant requirement in the 1980s. By this time, many ports had become bottlenecks to the efficient distribution chains of which they are an essential component. Government investments into port development was categorized as White Elephant Syndrome due to the following three main problems, illustrated by port congestion and consequent chronic service failures, contributed to the gradual deterioration of service quality during this period.
The first reason for a lack of port service quality was the inability or unwillingness of many governments to invest in expensive port infrastructure or the misinvestment in infrastructure (providing facilities that were badly matched with the needs of foreign trade and shipping). During this period, a number of beautifully constructed port complexes became white elephants