Efforts to boost capacity at Ghana’s largest sea port signal the government’s willingness to invest in transport infrastructure as it looks to keep up with increasing volumes of commodity exports and processed imports.
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Economic update | Ghana’s main port set for expansion
17 Feb 2014
With work set to start on a multi-billion dollar petrochemicals plant, Brunei Darussalam has moved a step closer to achieving its long-held objective of building up its downstream hydrocarbons sector.
The Central Bank of Bahrain has set out new rules on the issuance of securities as the kingdom looks to boost activity in its financial services sector.
The government in Mongolia has revealed plans to support domestic export manufacturers, with the aim of reducing a burgeoning import bill and boosting the country's economic foundations.
Islamic banks in Qatar are gaining strength, with sharia-compliant lenders outperforming their conventional counterparts in many areas during 2013, despite the confines of an increasingly competitive market.
Ports in Kuwait have performed well in recent years, supported by a national bid to increase both hydrocarbon exports and non-oil commercial shipping activity. However, while plans to upgrade facilities and improve access to new oilfields bode well for the industry, the sector also faces several challenges, led by fluctuations in global demand and regional competition.