Taking advantage of the emirate’s strategic location, several projects aimed at improving transport offerings are now under way. Etihad Rail will link the area to Oman, as well as support several key energy and infrastructure projects. RAK International Airport continues to drive growth in the sector, with revenues rising by 31%in early 2013. There are also plans to construct a 32-km ring road...
The Middle East Transport
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Bolstered by burgeoning cement and ceramics industries that draw on the natural resources of the Hajar Mountains, Ras Al Khaimah has one of the GCC’s more diversified economies. Continued investment in infrastructure is enabling further economic growth and encouraging foreign investment.
Chapter | Transport & Logistics from The Report: Kuwait 2013
Kuwait is forging ahead with infrastructure upgrades as part of its $107bn National Development Plan to support all modes of transport. Home to 6% of the world’s oil reserves, hydrocarbons continue to define Kuwait’s current transport infrastructure, yet contemporary strategic goals – in line with Vision 2035 – look to develop the entire sector with diversification as the central focus. If...
Oil production retains its key role in the economy, however plans are under way to encourage diversification away from hydrocarbons towards an economy that is more knowledge based. The political climate has been characterised of late by a number of disputes, often resulting in either the resignation of the government or the dissolution of parliament, which has contributed to the slow progress of some projects.
The past several years have seen significant changes in Jordan. The state is pushing ahead with structural reforms that should provide a sound base for future development, as the economy shows signs of a brisk recovery from the difficult years it has faced in the wake of the global financial crisis.
Access to the Red Sea via the expanding port of Aqaba and proximity to emerging markets in the region, like Saudi Arabia and Iraq, has encouraged Jordan to strengthen its transport offerings and enabled it to support several key infrastructure and real estate projects. While fuel costs remain high, a $1.8bn investment programme to boost the road network, in addition to aviation, rail and maritime...