Investment promotions within port systems: a case of the port of Ngqura, south Africa

The primary role of ports is to provide an enabling logistical solution for within the transport sector. Ports within South Africa perform this primary role in strict accordance with the National Ports Act 12 of 2005. The liberalisation of economies from closed economies to open economies has impacted the transformation of the transport sector; sea borne trade through ports accounts for 80% of the global trade by volume and 70% by value. Open economies have increased the need for integration of economies and triggered a highly competitive market for ports globally competing for volumes or throughput. To attract volumes, ports need to have sound investment promotions strategies that are responding to market needs. Thus, the primary objective of the research study was to investigate and analyse the various factors that affect investment promotions within the port system, evaluating how these factors can be utilised by the Port of Ngqura to increase volumes and grow market share. Therefore, attention was placed on understanding the value proposition the port has to offer to potential investors to foster FDIs. The researcher employed an interpretivist qualitative research methodology to explore its research aim and objectives. Secondary data in the form of document analysis was used in this research study. The documents analysed are mainly Academic Journals, Policy Documents, Transnet Annual Reports, South African Port Regulator Reports (quarterly and annual reports), Industry Articles, and Published Books. The data collected from secondary sources was analysed through content analysis. The document analysis conducted to understand the determinants of investments at the Port of Ngqura, revealed that the regulatory framework, port costs, availability of infrastructure, connectivity to the hinterland market, safety and security, intermodal transport, and efficiency levels can influence investment promotions within the port, and the determinants can be utilised to increase the volumes at the Port of Ngqura. The research study reviewed the mentioned additional factors such as the speed in responding to enquiries, the packaging of information, the linkages to other development zones and guarantees of secure operations are also determinants that potential investors look for.Thesis (MA) -- Faculty of Science, School of Environmental Sciences, 202