Construction and operational risk on the project is fairly minimal - construction risk is covered by fixed - price turnkey contracts and the port operation is outsourced to experienced port operators, all part of the BNPCT consortium.

Macquarie rarely goes for any deal where there is noe a large amonut of upside, and the decision by Macquarie Korea Infrastructure Fund (MKIF) to take a 30% stake in Busan New Port Container Terminal (BNPCT) seemed an unlikely partnership.