Transport

Displaying 949 - 954 of 1804

Chapter | Transport from The Report: Oman 2016

Oman’s public authorities are in the midst of a multi-billion-rial investment programme designed to expand and improve the country’s transport and logistics capacities across land, sea and air. Salalah, the country’s largest port, has recently shifted its focus towards import/export traffic, with a new 20-year master plan launched in 2011 aiming to establish multi-modal links at the port and...

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.

 

One major advantage of the $8bn expansion of the Suez Canal will be the scope for increased revenues, with the new shipping lane allowing for a sizeable increase in traffic transiting the canal.

 

While the Suez Canal expansion has attracted most of the headlines, Egypt’s National Road Project offers perhaps even greater benefits to the broader economy, given that more than 90% of the country’s freight moves by road. As of 2012 Egypt had 121.4m km of roads, according to the Central Agency for Public Mobilisation and Statistics. Some 90...

 

What is the timeline for the development of the economic zone?

 

Cairo’s traffic problems are notorious, and while they are a useful way to spark a conversation with locals, they have a major impact on the economy. Due to the costs associated with congestion and time wasted on the road, Egypt’s traffic jams are estimated to reduce GDP growth by 4 percentage points, according to a 2010 World Bank study....

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart