The MEM Seminar Series 2001/2002

 

 

 

 

Financing the marine environment: The Marine Electronic Highway (MEH) in the Straits of Malacca and Singapore

 

 

by

A/Prof Anthony T. H. Chin

Department of Economics

National University of Singapore

 

 

 

 

 

 

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Saturday , 16 February 2002

10:00 am - 12 noon

Masters Resource Centre Room 2 (SDE2 Level 3)

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All are Welcome

 

For more information, please call Jennifer @ 874-3563 or e-mail

 

Abstract

The MEH comprises three key components, maritime safety of navigation, environmental protection and management and sustainable financing. Full implementation will enhance speed, accurate navigation, environmental information management and regional knowledge transfer. In addition it is expected to generate indirect economic benefits ranging from increased net employment and net income, and social well being of the community at large. The financial analysis performed indicates the system is viable and sustainable on a subscription basis. Simplicity and pragmatism should prevail and an annual subscription fee might suffice. An enterprise in the form of for example, StraitsCorpInc can work out a discount system may be worked out on the basis of number of transits, size of vessel and nature of cargo.

 

 

 

About the speaker

Anthony Chin is an Associate Professor in Transport Economics at the Department of Economics, National University of Singapore. His research areas include project evaluation and financing of infrastructure investments, evaluation of command and control/economic instruments and externalities; travel behavior modeling and experimental economics and illegal markets. He has published extensively in the above areas in various professional transportation and environmental journals. He has served in various administrative capacities and a member of various international committees. He has been a consultant to the Port of Singapore Authority; the ASEAN Secretariat; Centre for Construction Studies, NTU; Construction Industry Development Board; Singapore Airlines; UNESCAP; Singapore Aviation Academy; Automobile Association of Singapore; Land Transport Authority; Korean Transport Institute; Japan Airport Consultants; Ove Arup Consultants, U.K.; Singapore Mass Rail Transit, Motorola, the Singapore Tourist Board, the World Bank and other private consultants. He is currently working on the Maritime Electronic Highway in the Straits of Malacca and Singapore for the International Maritime Organization.