Nigeria’s transport sector is set to benefit from increased spending under the newly ratified federal budget, spurring improvements to road and rail infrastructure, and providing opportunities for expansion of the logistics sector.
Transport
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Kenya is increasing investment in transport infrastructure, both through direct budgetary allocations and by partnering with the private sector, as part of efforts to improve connectivity and strengthen the country’s logistics network.
With the Asia-Pacific region set to be the fastest-growing market for commercial aviation over the next 20 years, Thailand is seeking to strengthen its aviation infrastructure, and particularly its maintenance, repair and overhaul (MRO) segment.
An increase in the liquids storage, bunkering and freight-handling capacity at the Port of Fujairah is expected to further strengthen the emirate’s position as a fuelling point and trans-shipment centre.
Sharjah’s largest infrastructure project has taken another step towards completion following the inauguration of the Middle East’s longest covered tunnel, part of a highway development expected to boost connectivity, trade and logistics between the east and west coasts of the emirate.
A new terminal set to open at Accra’s Kotoka International Airport (KIA) aims to ease congestion and is expected to help facilitate tourism growth in Ghana.