The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares 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....
Ongoing infrastructural and industrial developments at the ports of Duqm, Sohar and Salalah are augmenting investor appeal and increasing competitiveness at each of the three locations. The majority of this is concentrated at Duqm, which is one of the country’s biggest construction projects, with the port still in early development stages....
Almost three years into its ninth five-year plan for 2016-20, Oman is beginning to reap the rewards of efforts to restructure and expand its transport and logistics sector. The Central Bank of Oman’s latest annual report notes that transport, storage and communications is one of the economy’s best performing categories, with the growth rate...
Algeria has set ambitious targets for rail development, aiming to increase annual rail transport capacity to 17m tonnes of goods and 60m passengers by 2021. In 2017 annual capacity of cargo via rail reached 5m tonnes, while the number of passengers travelling via rail in the first 11 months of 2018 was 43m. Additionally, there are plans to...
Meeting the country’s growing transport needs remains a priority for the Algerian government. The national development plan 2015-19 allocates AD832.7bn (€6bn) to upgrade, modernise and expand the country’s air, rail, road and maritime capacity, with significant progress already made on each of these fronts. Foreign direct investment (FDI) is...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares 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....
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