Privatisation has been on the agenda for years, with sales of major state-owned industries in the late 1990s and early 2000s defining the country’s commitment to free markets. The trend hit a high-water mark in 2005-06, when the government accrued a total of $16.3bn in revenues from the sale of Türk Telekom, the refinery company Tüpraş and steel...
With modern ports, proximity to large neighbouring markets, and a liberal Customs regime, Bahrain has a strong bid to become one of the leading trans-shipment hubs in the Gulf region. While other leading ports, namely Dubai’s Jebel Ali, may have higher capacities, Bahrain’s relatively quick Customs clearance and various onward transport options make...
Capitalising on its geographical advantages, Bahrain invested in the sort of high-quality, efficient transport infrastructure demanded by international commerce well before its regional rivals. The country hosted the first airport in the Gulf and was an early leader in developing internationally competitive ports. Today, this first-mover advantage...
As one of the most modern and efficient shipping centres in the region, the transport and logistics facilities on Bahrain’s Muharraq Island continued to draw business to the Kingdom throughout 2011. The Khalifa Bin Salman Port (KBSP), which opened in 2009, showcases the government’s dedication to further developing the country’s transport offerings...
Of all Kuwait’s upcoming transport infrastructure projects, none inspire quite as many strong opinions as the development of the Boubyan port area. To some, the port promises a much-needed outlet for the northern Gulf, providing an indispensible export terminal for the northern part of Kuwait, as well as a fast-redeveloping Iraq. Others, however,...
In 2010 the Kuwaiti government approved a massive KD37bn ($133.4bn) spending plan, introduced to kick-start spending in the wake of the financial crisis and help reinvigorate the country’s image as an investment destination. The budget is due to stretch over five years, with much of the spending dedicated to transport and other infrastructure...
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