Kuwait Transport

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The fall in oil prices led to significantly reduced government revenues for Kuwait in 2015. Despite this the country’s 2016 spending remained largely in line with previous years as the government opted to draw on its considerable financial buffers to help make up for budgetary shortfalls.

Officials in Kuwait have made significant progress on long-awaited upgrades to Kuwait’s International Airport (KIA) by signing a $4.4bn contract to kick-start construction on a new terminal.

 

Kuwait has a growing segment of private sector firms providing trade and logistics services. While many of these firms initially gained a foothold by serving US military personnel in the country, there are signs that the sector is diversifying away from public sector contracts and increasingly catering to businesses and households. Well-known...

 

The Kuwaiti government has energised the national economy by outlining major investments across strategic sectors under the Kuwait Development Plan (KDP), which runs from 2015 to 2020. Leveraging the country’s strategic location at the head of the Gulf, the plan will direct major investments into transport and logistics infrastructure and...

Chapter | Transport & Logistics from The Report: Kuwait 2015

Proximity to major regional markets, which have a combined population of 140m and $1.3trn in output, is a major advantage to Kuwait’s transport and logistics sector. The government has outlined a number of infrastructure projects and upgrades to be implemented as part of Kuwait Development Plan, with enhancements to sea and air links a major priority for the state. The country’s international...

 

The state of Kuwait sits at the confluence of three of the most populous and prosperous countries in the Middle East – Iraq, Iran and Saudi Arabia. As such, Kuwait is a logical transport centre for the northern Gulf and has committed itself to making investments towards attaining that goal.

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