In the current context of lower commodity prices, the need to improve national transport networks has become even more important, as Colombia works to boost its competitiveness at the international level. Although the transport sector grew by 4.1% in 2014, in June 2015 the National Association of Financial Institutions forecasted that the sector would grow by 2.9% that year, a reflection of...
Transport
Displaying 235 - 240 of 429
Chapter | Transport & Logistics from The Report: Colombia 2016
Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%.
Bahrain’s transport sector is gearing up for expansion in both the short and medium term, with GCC funds being used to complete upgrades to the road network and airport facilities. The government is also investing in infrastructure improvements and new public transport initiatives. The Ministry of Works has invested $485m in road network upgrades, which include the remodeling of junctions,...
Low oil prices will undoubtedly continue to be a significant challenge for Bahrain in 2016. However the kingdom’s early moves to diversify its economy mean the country is well placed to weather the storm and non-oil segments are expected to continue performing well in 2016.
Once a sleepy city where cars were rare, Yangon is now a bustling urban center. The spike in activity has been very positive for economic growth, but has placed pressure on infrastructure. Myanmar’s government has recognized the need to modernize transport capacity and update the legal framework that governs the sector. To that end, international experts have gathered in Yangon to plan and...
Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.