• Transport

    OBG examines all aspects of local transport infrastructure, including sea, air and land. Our analysis within the transport sector reviews the major projects under way and planned, such as airport expansions, port plans, public transit systems, road construction and rail networks.
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Chapter | Transport from The Report: Saudi Arabia 2019

The government’s vision is for both domestic and international transport to play a key role in the diversification and modernisation of the economy. The authorities are aiming at making the country a regional and international logistics centre. To achieve this goal, they envisage working closely with leading global logistics companies via public-private partnerships. One aspect of the new...

Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key regional and global player. The Vision 2030 blueprint sets out regulatory, budget and social reforms that will be implemented over the coming decade as the nation sets about curbing its reliance on crude oil production and export, which accounted for 43.5% of GDP in 2018.

 

How has opening visa-free travel for 80 countries affected passenger traffic and allowed the country to mitigate the impact of regional airspace closure?

 

The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....

 

Qatar has allocated QR1bn ($274.6m) from its 2019 budget of QR206.7bn ($56.8bn) to the expansion of Hamad International Airport (HIA), with Qatar Airways, the nation’s flag carrier, forging new links for air passengers and cargo in the first quarter of 2019. As part of the annual budget statement announced by Sheikh Tamim bin Hamad Al Thani,...

 

Work is expected to begin on the second phase of the Hamad Port’s development in 2019 after approval was granted by the Ministry of Transport and Communications. The seaport gave the blockaded peninsula a vital lifeline in 2017 and enabled it to continue trading in non-oil goods throughout 2018, achieving significant milestones along the way....

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