Kuwait Transport Articles & Analysis

Chapter | Transport from The Report: Kuwait 2017

Driven by measured government-backed investments, and in spite of the downward pressure from oil prices, the Kuwait transportation sector continued to grow in 2016-17. Improving connectivity regionally and globally – via air, land and sea links – is viewed as a state priority and a promising mechanism to drive non-oil economic growth. In support of government objectives, such as enhancing...

As Kuwait’s economy continues to adjust to the new oil price environment the country’s government is pushing ahead with investment plans and reforms that promise to put the country on a sustainable growth path in the coming years.

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What are the market trends on strategic alliances?

 

Kuwait is investing in a significant pipeline of major infrastructure projects and transportation programmes connected to the Kuwait Development Plan 2015-20.

 

Driven by measured government-backed investments, despite the downward pressure from oil prices, the Kuwait transportation sector continued to grow in 2016-17. Improving connectivity regionally and globally – via air, land and sea links – is viewed as a state priority and a promising mechanism to drive non-oil economic growth.

As Kuwait’s economy continues to adjust to the new oil price environment the country’s government is pushing ahead with investment plans and reforms that promise to put the country on a sustainable growth path in the coming years.

 

In recent years, airlines based in the GCC have raised a formidable challenge to the former domination of legacy carriers based in North America and Europe. In 2015 carriers in the Middle East saw the strongest traffic growth in the world, according to the Geneva-based International Air Transport Association (IATA), raising their share of...