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

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.