Qatari authorities’ emphasis on infrastructure development is not surprising. Trade remains a key component of the state’s economic livelihood. Between 2000 and 2012, transport and communications’ share of GDP nearly tripled from 2.2% to 6.9%. Qatar allotted $45bn to finance transport infrastructure in 2013, and looking ahead, a growing transport and logistics sector fits within the government’s...
Transport
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For the past decade Panama has registered impressive economic growth. According to the World Bank, GDP growth averaged 6.8% from 2000 to 2012, while government figures show double-digit growth for four of the past seven years. Economic development has been fuelled by heavy public sector spending on infrastructure, particularly the $5.25bn expansion of the Panama Canal, which should ensure long-term growth.
Although the emirate’s economic growth can be primarily attributed to its vast hydrocarbons resources, it has also made progress diversifying into new sectors such as manufacturing, tourism, aerospace, defence, finance and logistics. In addition to its economic investments, Abu Dhabi has also made major contributions to social welfare as well as infrastructure, which has been identified as the bedrock for future growth.
Developing Abu Dhabi’s domestic transport infrastructure and broader transport industry has been one of the government’s priorities over the past decade. At the same time, the rapid expansion of the local aviation and maritime shipping industries has contributed to the emirate’s growing reputation as a transit and logistics hub. Further expansion is under way to meet the need of anticipated...
Chapter | Security, Aerospace & Defence from The Report: Abu Dhabi 2014
The government has played a key role in the expansion of the security, aerospace and defence industry over the past decade in an effort to strengthen the UAE’s defence capabilities and as a means of boosting economic diversification. The UAE has traditionally purchased the majority of its military hardware and equipment from the world’s largest suppliers; however, this is changing as more local...
Chapter | Transport & Logistics from The Report: Panama 2014
Growing at double-digit rates in each of the past five years apart from 2009, the transportation and logistics sector contributed 24.1% to GDP in 2012 and is identified as one of four pillars of economic growth in the Strategic Economic Plan 2010-14. To secure the future of the sector the administration is investing $9.6bn, equivalent to 70% of public sector investment, from 2010 to 2014 in...