The process of creating and improving physical and organizational structures, such as ports, roads, and logistics systems, to support economic activities.
Published in Chapter:
Port Efficiency and Infrastructure Development: Catalysts for the India-Middle East-European Union Economic Corridor
Copyright: © 2024
|Pages: 34
DOI: 10.4018/979-8-3693-1602-3.ch001
Abstract
This chapter explores the critical nexus between port efficiency and infrastructure development as the driving force behind the India-Middle East-European Union economic corridor's transformative potential. The multidimensional inquiry encompasses the assessment of existing port infrastructure in India, the Middle East, and the European Union, the analysis of current trade flows, the identification of infrastructure bottlenecks, and an exploration of emerging technologies' impact. The authors delve into sustainable practices, scrutinize policy frameworks, assess economic implications, present global case studies, highlight investment opportunities, analyze potential risks, and anticipate future trade trends. Through comparative analysis, they glean valuable insights into how this corridor can emerge as a beacon of economic integration and growth.