With the ongoing expansion of the port and container terminal at Aqaba and the new terminal at the Queen Alia International Airport, there is a sense of cautious optimism in the kingdom’s transport and logistics sector.
Transport
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Economic update | Jordan: Transport holding steady
18 Mar 2013
A ruling by India’s government last September to end more than a decade of protectionism in the aviation industry is expected to bring new investment to the sector and offer a lifeline to some of its carriers.
Government officials have pledged that road improvements currently underway in Sabah will form part of a sweeping development plan that is expected to benefit every district in the state. The plan includes expansion projects and new roads that will improve connectivity through the region, which will provide the state’s districts with a number of economic opportunities. However, it faces scepticism from some districts where people fear the upgrades will not stretch deep enough into rural areas.
Economic update | Algérie : Un rôle accru pour les entreprises locales dans le secteur du transport
6 Mar 2013
Dans le cadre d’un programme d’infrastructures qui se chiffre à plusieurs centaines de milliards de dollars, le gouvernement algérien a adopté de nouvelles mesures afin d’encourager une plus grande participation de la part des entreprises locales.
The Kingdom strengthened its role as a hub for trans-shipment services in the Northern Gulf markets last year, buoyed by Saudi Arabia’s growing market. However, while the expansion of these services spells good news, rising demand has also produced challenges.
Luego de someterse a un proceso de expansión de ocho años de duración con un costo de US$5.5 mil millones, se prevé que el nuevo y mejorado canal de Panamá esté listo en el año 2014, permitiendo el ingreso a un considerable flujo de inversiones en los sectores de logística y transporte.