MCC’s flawed logic and assumptions suggest that investment in incremental port capacity should lead directly to positive economic returns measured in terms of job creation in Benin’s manufacturing, agribusiness processing and non-port service sectors. An extensive literature suggests otherwise: investment in port infrastructure is a necessary but not sufficient condition for economic growth. MCC acknowledges that a more rigorous constraint analysis upstream could have determined that neither port capacity nor efficiency were binding constraints to growth.
Lesson Learned