Expansion of the highway network is set to boost sea-to-air connectivity and raise the sultanate’s profile as a logistics and trans-shipment destination. Development of aviation and port facilities has attracted significant foreign investment, with joint-venture opportunities in free zones and industrial zones, among others, progressing alongside the GCC rail project.
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Over the past decade Peru has seen a period of transformative growth, effectively positioning it as one of the leading economic performers in Latin America. Posting growth rates in excess of 6% from 2010-12, the economy expanded by a further 5.1% in the first half of 2013.
A diverse country with an intriguing history, the Philippines today is a multi-party, democratic republic, open to foreign investment, and integrated within the regional and international political and economic community.
Chapter | Transport & Logistics from The Report: Peru 2014
Transport and logistics infrastructure in Peru has not kept pace with the high level of economic growth. According to a report released by the Association to Promote National Infrastructure in October 2012, $88bn in investment will be necessary over the period 2012-21 to close the existing infrastructure gap, a move essential for continued economic development. To this end, in 2011 the government...
Plans are afoot from the Ministry of Transport to enhance regulation, improve safety and increase capacity among staff, with infrastructure such as a mass transport system being viewed as not only a necessity caused by population density increases, but also vital to boosting the private sector. Allocations have set aside to refurbish the international airport, plans have been made to link the...
Chapter | Transport & Infrastructure from The Report: Philippines 2014
As the government pursues its infrastructure development programme, real growth in the sector is expected to reach 5.9% per annum between 2013 and 2017. Backed by a favourable macroeconomic environment, political stability and increased spending, the country’s transport sector is slowly being modernised. In 2013 more than $7.2bn has been budgeted for port, road and rail infrastructure upgrades....