Plans for increased spending on infrastructure developments are set to support further growth in Bahrain’s industrial sector via improved transport links and the construction of new large-scale facilities. However, falling oil revenue may impact funding availability for some capital works, potentially cooling long-term prospects in the sector.
As East Africa’s largest economy, Kenya has seen its economy grow by more than 4% for the last three years, according to data from the World Bank, while an improvement in fiscal indicators and a new constitution encouraging devolution have helped to improve governance and the public balance sheet.
Expansion of infrastructure and transportation networks is a key pillar of the government’s Vision 2030 economic development plan. Kenya represents a critical lifeline for landlocked neighbouring countries. While increased competition, ongoing delays among roads and ports projects, and a host of non-tariff barriers pose serious challenges to future expansion, the government’s dedication to...
What opportunities does the Public-Private Partnership Act present to potential international and domestic investors?
While significant public and private investment in new transportation projects will make a major impact on Kenya’s road, rail, aviation and maritime networks, one of the most significant challenges facing the efficient flow of goods and people in the country currently is non-tariff barriers (NTBs). Delays at Customs, excessive paperwork, and misaligned legal and...
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