Transport & Logistics
From The Report: Kuwait 2015
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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 airport has already seen dramatic growth in recent years, with the number of passengers that travel through it jumping from 4.76m in 2004 to 9.38m in 2013, while a new $1.2bn port facility in Boubyan is expected to serve as Kuwait’s major sea link, with 24 berths and an annual capacity of 1.8m containers.

Articles from this Chapter

Overview

Stronger networks: Developing infrastructure in line with the national economic strategy
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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 services with the goal of establishing Kuwait as a commercial hub for the northern Gulf. Enhancing sea and air links to improve connectivity with the region and…

Analysis

Home-grown activity: Local firms take on a bigger role in the logistics segment
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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 global players such as FedEx, DHL and UPS are active in the local market, but there are also several home-grown logistics businesses that have established…