Interview: Matthew Luckhurst, Managing Director, APM Terminals Bahrain
How can Bahrain’s maritime transport segment support the country’s economic development?
MATTHEW LUCKHURST: The segment’s commitment to supporting the kingdom’s economic vision is evident in its strategic alignment with diversification goals. By focusing on creating high-value opportunities, integrating services and upskilling local labour, we are capitalising on initiatives that promise the greatest impact and highest probability of success. This approach not only aims to multiply our existing throughput, but also significantly enhances job creation and revenue. Moreover, by leveraging our strategic position, we enhance our role in regional trade, further driving economic diversification.
To what extent does Bahrain’s location and infrastructure impact the transport and logistics sector?
LUCKHURST: The kingdom is a gateway for eastern and western trade routes. Investment in infrastructure like international airports and modernised port facilities underscores Bahrain’s capacity to handle substantial maritime and air traffic growth. This infrastructure supports current operational needs and provides ample capacity for future expansion, ensuring the kingdom can accommodate a considerable increase in logistics and transport activities. Additionally, Bahrain’s proximity to Gulf markets and its ability to facilitate multi-modal transport options further bolster its role in regional logistics, enhancing its resilience and responsiveness to global supply chain dynamics.
What more can be done to enhance Bahrain’s attractiveness to foreign and local investors?
LUCKHURST: Enhancing Bahrain’s appeal to investors in transport and logistics requires a multifaceted approach. While its established regulatory framework, and political and economic stability, make it an attractive investment destination, there is potential to further capitalise on these advantages through targeted marketing and clear investment incentives. Bahrain can improve its visibility and attractiveness on the international stage by promoting its strategic advantages.
Furthermore, strengthening partnerships between the government and the private sector is essential. These can help develop tailored growth initiatives that align with government strategies and private sector needs. By enhancing the clarity and accessibility of investment incentives, and providing robust support during the investment process, Bahrain can boost its position in the global transport and logistics market.
Which challenges and opportunities does Bahrain face in integrating emerging technologies?
LUCKHURST: The sector currently grapples with integrating digital technologies into legacy systems. This gap underscores the need for a cohesive strategy to adopt reliable, economically viable technologies that enhance operational efficiency.
Opportunities for growth lie in leveraging technologies, such as advanced digital systems for cargo handling and the automation of logistics processes. Implementing tools like gate automation and truck appointment systems can significantly streamline operations and improve throughput efficiency. Additionally, there is a need to ensure that new technologies are compatible with existing systems across the region to facilitate seamless cross-border logistics operations.
In what ways is the emphasis on sustainability impacting Bahrain’s transport and logistics sector?
LUCKHURST: Sustainability is increasingly pivotal in the sector. Private entities can lead by example in decarbonising operations and investing in renewable energy projects. For instance, the installation of solar panels and transitioning to electric equipment can significantly reduce carbon emissions. These steps contribute to global sustainability goals and position Bahrain as a leader in eco-friendly logistics practices, encouraging further private sector involvement in green initiatives.
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