Strategically situated at the head of the Indian Ocean and bordering Saudi Arabia and the UAE, Oman is a gateway to the GCC region – a re-distribution point and transit hub for shipments to and from Asia, the Indian subcontinent, and East and Central Africa. Transport and logistics has emerged in recent years as a pillar of the sultanate’s development and a critical driver of its economy,...
Transport
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Despite ongoing economic pressures associated with the drop in oil prices, Oman’s diversification strategy and efforts to enhance wider revenue streams are beginning to bear fruit, as witnessed by continued growth in the non-oil sector despite dropping incomes and wider regional instability.
Spanning a vital geographic area and sharing borders with India, China, Thailand, Bangladesh and Laos, Myanmar is poised to see its transport sector post double-digit growth in the coming years. The sector is bolstered by surging air passenger and trade volumes, and rising urbanisation. Additionally, ageing road and rail networks, urban and port congestion, and a lack of multi-modal...
Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.
Transport infrastructure in Algeria, which is the largest country in Africa, has been going through a process of transformation since the early 2000s, with tens of billions of euros channelled into infrastructure projects. In recent years, despite the pressures exerted on government spending as a consequence of declining hydrocarbons revenues, transport networks have remained an investment...
Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.