The transport and storage sector contributed some Dh35bn ($9.5bn) to the emirate’s economy in 2013, equivalent to 3.67% of overall GDP. Sector GDP for the year was up 7.1% on 2012 figures in real terms, with its real compound annual growth rate for the period between 2009 and 2013 standing at over 12%. Several major new infrastructure projects indicate that the rapid development and growth of...
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Hydrocarbons revenues still form the bulk of Abu Dhabi’s GDP and while falling prices are a concern, the emirate has been moving steadily towards its economic diversification targets in line with Abu Dhabi Economic Vision 2030. The past 10 years has seen the non-oil sector expand strongly on the back of business-friendly government policies, as a result of which non-oil sector growth now outpaces that of the oil sector.
A number of capital upgrades at Kenya’s airports this year should help improve passenger capacity and airline access, increasing the country’s ability to handle more traffic every year.
Articles & Analysis | Port of call: Expansion at the two main ports should boost transit traffic from The Report: Cote d'Ivoire 2015
The central location, large infrastructural capacity, and extensive road and rail connections of Côte d’Ivoire make it a natural gateway for trade to and from its landlocked neighbours: Niger, Burkina Faso and Mali. A decade of unrest, however, has weakened the country’s role as a transit gateway to the region and has seen the ports of Dakar (...
