The role of public‐private partnership in port information systems development

Development and management of ports is a major objective of economic development in many countries. As ownership and operations of seaports have traditionally been in the public sector, restructuring has often been slow and frustrating. Public‐private partnership has been offered by many as a solution. This paper reviews a project at Pusan port, South Korea where close public‐private partnership was the key to success. Relying on the experience gained from the Pusan port, a process model has been offered that many other ports in developing countries can use to achieve successful public‐private collaboration.