Privatisation works for UK ports

The decision by the UK government to privatise its ports has played a big role in their transformation and competitiveness, said Raksha Maharaj, trade and investment adviser UK Trade and Investment. While the UK ports sector includes a number of different ownership models, most of the larger ports in the UK are in private ownership, following several privatisation rounds under the Ports Act of 1991. “The most recent decades have seen major transformation of the port sector in the UK, all aimed at improving competitiveness and efficiency through innovation and investment,” said Maharaj.