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A Study on Determining the Priority of Investment Projects for India's Logistics Market using Fuzzy-AHP  

Ko, Hyun-Jeung (군산대학교 물류학과)
Publication Information
Journal of Korea Port Economic Association / v.26, no.2, 2010 , pp. 1-18 More about this Journal
Abstract
With the maturity and fierce competition of domestic logistics market, Korea government is actively working on the overseas investments in global logistics market after establishing the basic plan since 2006. In particular, India is selected one of promising countries for logistics investments since it has more 1.1 billion people and is regarded as post-China. In fact, a number of global logistics enterprises have started their businesses in the logistics market of India so that the competition already started. In this regard, it is highly necessary to find out feasible investment projects and then detemin the priority of the alternatives for successful investments. Therefore this study proposes a fuzzy-based AHP model by which the overseas investment problem was systematically structured and then evaluated. The model was established by exploiting a fuzzy theory and AHP for capturing the inexactness and vagueness of information. The results show that the investment of port operations is the number one priority in the India's logistics market and ODCY operations, road transportations, forwarding operations, inland depot operations in order. Finally the proposed model will help Korea's policy makers to have a better reliable investment strategy.
Keywords
Fuzzy-AHP; Fuzzy theory; India logistics market; Priority; Investment projects;
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