Port Consultants Rotterdam counts with broad and worldwide experience in the development of technical, financial and (socio-)economic feasibility studies for port developments (for reference, please visit PCR’s feasibility studies project references).
For projects at their very early stage, with little information and data available, Port Consultants Rotterdam recommends starting with a pre-feasibility study, which will identify the key issues and bottlenecks for successful port development, as well as the existing data and information gaps. At a pre-feasibility level, a high-level assessment is conducted applying a mix of project specific and benchmark data in a financial model, which represents the business case of the project for a period of typically 25 years. The pre-feasibility assessment is intended to obtain a first idea of the potential of the project, without spending a large budget on consultancy services. If the project is considered attractive enough to pursue, a feasibility study with more detail can be conducted.
Upon completion of a pre-feasibility study, or in projects at a more advanced stage, a full feasibility study can be carried out, which should lead to a bankable project and can form the basis for preparations for construction. For this purpose, Port Consultants Rotterdam makes use of Business Case steering.
A risk analysis can also be conducted to determine the potential impact of uncontrollable changes in critical economic and political factors, to determine the economic and political feasibility of each alternative development option.
Port Consultants Rotterdam’s added value
For conducting the (Socio-)Economic Feasibility Analysis and the Risk Analysis, Port Consultants Rotterdam uses a methodology similar to that recommended by the World Bank and ADB etc. However, the value-added by the Port Consultants Rotterdam team lies in the fact that while using the World Bank guidelines and staying true to their standards, we have significantly modified and developed our own comprehensive economic, financial and risk/sensitivity analysis models, which are specially customized for developing ports. Our economic and risk models have been tried and tested in several port PPP, investment, and acquisition transactions we have conducted for our clients and have been proven reliable in predicting the benefit-cost and economic feasibility of planned port investments.
Projects related to ‘Feasibility studies’
If you want to know more about what Port Consultants Rotterdam can mean for your port or terminal or if you have any other enquiries, please contact us!