Oman’s long history of political stability coupled with its favorable international trade agreements and special economic zones has ensured strong growth in economic output and exports in recent years. The fall in global prices is undoubtedly a concern for the sultanate, but the sustained focus on diversification schemes, as well as the country’s ongoing spending commitments on big-ticket projects should ensure steady growth moving forward.
Late 2015 marked a major step forward for the world’s largest greenfield maritime development – Hamad Port, outside of Doha, where partial operations, including roll-on/roll-off, livestock and heavy equipment cargoes, began on December 24.
Hopes are high for the transport sector in Jordan, as a range of initiatives will soon come to fruition. The prime minister announced that 2015 would be “the year of the transport sector”, and signs point to greater prioritisation of the industry.
The arrival of the first liquefied natural gas (LNG) shipment from Qatar at Aqaba Port in May 2015 signalled a major step forward for Jordan’s energy sector, while also putting the country’s plans for developing transport infrastructure firmly in the spotlight. The heightened activity at Aqaba has underscored the need to boost connectivity...
In recent years, Aqaba’s port complex has been undergoing major redevelopment and expansion. At the same time, as Jordan’s sole seaport and main import-export funnel, Aqaba has been responding to the challenges posed by regional security issues, while remaining a major charger for the kingdom’s economic growth. Indeed, the most recent...
How do you characterise the significance of the upgrades to the Aqaba Container Terminal (ACT)?
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