A Strategic Development of Incheon Port Authority Using SWOT/AHP Method

Kim, Seona-Chel; Ryoo, Dong-Keun; Lee, Dong-Hee

Journal of Navigation and Port Research 2008;32(3):193-198.
Published online April 30, 2008.

SWOT/AHP 방법을 이용한 인천항만공사의 발전 방안에 관한 연구

김성철, 류동근, 이동희

A Strategic Development of Incheon Port Authority Using SWOT/AHP Method

Seona-Chel Kim, Dong-Keun Ryoo, Dong-Hee Lee

Abstract

To increase port productivity and efficiency and also to avoid disadvantages of public port management, a port authority system has been introduced worldwide. The Korea Port Authority Act was enacted in 2003 and Incheon Port Authority was established in July 2005. The objective of this paper is to develop a strategy of Incheon Port Authority using SWOT/AHP method Research findings show that possibilities of business expansion and growth as well as geographical advantages of Incheon Port are identified as its strength The opportunities of Incheon Port Authority are continuous increase of cargo handling volumes in the Yellow sea rim and expansion of Free Trade Zone. A government two-port policy and growing its dependence on China and rapid growth of more competitors in domestic and overseas are considered to be threat. Its weaknesses include superannuated Incheon port facilities and port hinterland shortages. Based on SWOT analysis combined with AHP method this paper suggests S/O strategy, W/O strategy, S/T strategy, and W/T strategy as a strategic development plan of Incheon Port Authority.

Key Words: SWOT 분석;AHP 분석; Incheon port authority;SWOT analysis;AHP method;Port management;Port policy