Global trade realignment is reshaping logistics flows across the Red Sea Corridor, Arabian Peninsula, East Africa, India and South-east Asia. This Impact Report examines how new trade routes, infrastructure investment and technological innovation are redefining maritime connectivity and regional competitiveness.The publication – produced in partnership with Folk Maritime, a regional liner headquartered…
The GCC’s population has more than doubled over the past 25 years, growing from 26.2m in 1995 to 56.4m in 2021, outpacing the global growth rate of 30%. Urbanisation has also accelerated across the region, driven by rapid economic development, migration and the concentration of economic activities in urban centres. By 2015 the GCC led Arab countries as the most urbanised subregion, with an urbanisation…
Transport inefficiencies are among the most persistent barriers to growth in emerging markets, particularly in urban areas. Congestion, pollution and unreliable mobility systems impose measurable costs on productivity and competitiveness. Globally, traffic congestion is estimated to cost some $70.4bn per year in lost time. Though statistics vary, most estimates show the transport sector regularly accounting…
As with many of its Gulf peers, Kuwait is undergoing a large-scale drive of infrastructure development as part of a broader mission to diversify its economy and reduce its reliance on hydrocarbons revenue, a goal encapsulated by the ambitious and far-reaching New Kuwait 2035 long-term development plan. With a focus on improving the business operating environment, one key objective of the roadmap is…
Kuwait is undergoing a large-scale drive of infrastructure development as part of a broader mission to diversify its economy and reduce its reliance on hydrocarbons revenue, a goal encapsulated by the ambitious and far-reaching New Kuwait 2035 long-term development plan. One key objective of the roadmap is to upgrade the country’s infrastructure. As such, major projects in public transport networks,…
Kuwait is advancing a broad reform agenda under the New Kuwait 2035 development plan, aiming to strengthen economic resilience and diversify beyond hydrocarbons. Recent governance and fiscal reforms, including the passage of a new public debt law, are expected to expand financing options and support capital market development. At the same time, investment in infrastructure, logistics, digital tech
Interview:Dheeraj Bhardwaj, Group CEO, City Group How is investment in infrastructure impacting overall road capacity and efficiency? DHEERAJ BHARDWAJ: Investment in road infrastructure is playing a significant role in transforming Kuwait’s transport network. By focusing on the modernisation of existing roads and the development of new infrastructure, the country can directly address…
The strengthening of Kuwait’s transport and logistics sector is central to the government’s overall diversification drive, as it underpins activity across the economy. Major infrastructure developments are taking place throughout the sector with more in the pipeline, as the relevant authorities and entities work to boost passenger and freight capacities. Action is being taken to resolve operational…
With the announcement of high-profile railway projects in 2023, Kuwait has taken significant steps towards improving its internal and external transport infrastructure. While fluctuations in oil prices could potentially pose challenges moving forwards, positive political and economic dynamics in and around the Gulf region bode well for Kuwait’s plans. Connecting Kuwait In January 2023 the Public…
