Construction of the Primorsky No. 1 and No. 2 International Transport Corridors: Risk Evaluation and Mitigation Policies

Yang Yang, Suocheng Dong, Tamir Boldanov, Fujia Li, Hao Cheng, Qian Liu, Yu Li and Zehong Li
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Yang Yang: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Suocheng Dong: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Tamir Boldanov: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Fujia Li: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Hao Cheng: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Qian Liu: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Yu Li: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China
Zehong Li: Department of Resources Economics and Mineral Resources Research, Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China

Sustainability, 2021, vol. 13, issue 4, 1-24

Abstract: The construction of the Primorsky No. 1 and No. 2 international transport corridors is of great strategic significance to China and Russia. These corridors will solve the problem of the absence of an estuary in Northeast China by sailing from Russian ports and concurrently greatly improve Russia’s position in the world’s transport system. However, existing research studies mainly focus on the strategic significance of these corridors, while research studies on the identification, evaluation, and mitigation policies of their construction risks are rare, which inhibits the construction progress. To promote the construction of these corridors, we firstly identify the main risks in the construction of these corridors, which are economic, transport infrastructure-related, policy-related, eco-environmental, and disaster-related risks. Then, we establish a comprehensive evaluation system, and by applying the entropy method, we quantitatively evaluate the degrees of risks in regions along the transport corridors, reveal their spatial distribution patterns, and identify the key prevention and control regions for these risks. Afterwards, we propose targeted mitigation policies such as establishing innovative cooperation modes and a special foundation to mitigate economic risk and formulate further regional development policies to mitigate policy-related risk. This research will provide scientific support for risk prevention and control for the construction of these corridors.

Keywords: Primorsky No. 1 and No. 2 international transport corridors; risk evaluation; spatial distribution; mitigation policies; entropy method (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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