Transport

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Chapter | Transport from The Report: Sri Lanka 2019

Sri Lanka has a total of 12,290 km of national highways, 1561 km of rail tracks, two international airports and four seaports. In order to boost the local economy and quality of life, the cultivation of an effective, reliable and cost-efficient transport system has been a priority for successive governments, albeit with varying degrees of success. Improvement plans in the pipeline include...

Sri Lanka’s progress with free trade agreements, finance reforms, and growth strategies for manufacturing and ICT should encourage increased foreign direct investment. Sri Lanka was named the top travel destination for 2019, and the government’s 2025 development strategy aims to increase public-private partnerships, nurture innovation and increase investment in special economic zones.

 

The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower airfares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....

 

Ports play a central role in the economic development of Abu Dhabi, contributing 3.6% of the emirate’s non-oil GDP in 2017, a value-added contribution of Dh19.6bn ($5.3bn). Closer ties with a number of international partners coupled with the growing needs of a diversifying domestic economy are driving the expansion of the emirate’s seaports,...

 

What advantages can Abu Dhabi’s seaports leverage as cargo destinations?

 

With major port, airport, road network and railway projects under way, Abu Dhabi’s transportation sector has become a major focus of investment in recent years. International investors and developers are playing a central role in infrastructure planning, construction and management, which is seen as a strategic priority driving the emirate’s...

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