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.