What countries and regions are being targeted for maritime investment and why?
In late February 2017 Dubai’s Roads and Transport Authority (RTA) announced a five-year development strategy for the emirate, covering the 2017 to 2021 period. The plan, which includes more than 30 individual projects and initiatives, is largely aimed at turning the emirate into a global leader in the development and implementation of...
Over the past half-decade Dubai has risen into the upper echelons of the global maritime industry. In April 2017 it was named the fifth-most competitive maritime cluster in the world, and the 10th maritime capital overall by the Norway-based Menon Business Economics Group, which publishes a bi-annual report on the international maritime industry. The report measures various cities on...
With increasing road, air and maritime transport movements, and the recent launch of a new five-year plan for the emirate’s transport industry, Dubai’s reputation as a major transport centre in the Middle East has continued to grow. In 2016 the emirate saw growth in aircraft, air passenger and air freight movement, as well as in the total number of Dubai Metro and bus system passengers, while...
Dubai saw steady GDP growth of 2.8% in 2017 and this is expected to reach 3.2% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment.
Many factors are increasing pressure on transport infrastructure in Ghana. The urbanisation rate is steadily increasing and is expected to reach 72% by 2035, according to the African Development Fund. The Ministry of Transport (MoT) also reports that the vehicle-to-population ratio grew from 50 vehicles per 1000 people in 2010 to 70 in 2015....
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