The Middle East Transport

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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. 

Government investments in the transport sector are set to expand capacity at Kuwait’s ports over the next several years. Progress is being made on the new Mubarak Al Kabeer (MAK) port, while other infrastructure projects – including a 36-km causeway that will link Shuwaikh Port with Boubyan Island – are moving ahead.
New investments by maritime services firms based in the port of Duqm could help Oman boost its credentials as a shipping and trade centre, parlaying its position close to major trade routes into profits, though it will have to contend with established rivals in and around the Gulf.
A multi-billion-dollar redevelopment plan for Abu Dhabi International Airport (ADIA) is expected to help the facility handle a rising number of passengers as well as assist the emirate in establishing a position as a regional aviation hub.
With a flurry of new infrastructure projects, the government is selling Bahrain’s regional connectivity as a key attraction for foreign investors. While the island Kingdom may not compete for east-west traffic with global transit centres like Dubai, Doha and Istanbul, Bahrain is carving out a role as a gateway to the GCC markets.

The future of Aqaba’s economy depends partly upon the development of its transport infrastructure, with industry and tourism reliant on the effectiveness of transport links. And as the Gulf of Aqaba’s largest city and Jordan’s only seaport, the implications of its trans-port industry spreads well beyond the local economy.

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