UAE. Investors looking for the greatest return on the funds they invest in port infrastructure should look no further than the GCC region, according to research by International Built Asset Consultancy, EC Harris.
However, in the other transport sectors the lack of cross-border agreements between each member state could see investors focus their attention elsewhere.
The ‘Investment in Transport Infrastructure’ study ranked 17 locations across the globe on the relative attractiveness of their transport sector to potential investors.
The criteria used to judge each country covered a br
UAE. Booming GCC logistics sector continues to pile pressure on region's ports as trade demand outpaces infrastructure development; multi-billion dollar port expansion programmes and new GCC rail network to transform maritime landscape.
SAUDI ARABIA. Strong demand fundamentals combined with increased public and private sector spending pushed up the average sales price; Momentum expected to continue as Riyadh attracts and promotes investment in industrial and supporting logistics facilities.
EGYPT. The Suez Canal is the fastest shipping route between Europe and Asia and brings in around US$5 billion in revenues per year; Bahrain-registered engineering firm Dar al-Handasah Shair and Partners, is part of the consortium.
EGYPT. Egypt plans to dig a new channel parallel to the Suez Canal in an US$8.4 billion venture to boost capacity at the vital global waterway, marking a new era of regeneration after the 2011 revolution.
INTERNATIONAL. Netanyahu is correct in suggesting that the traces of Iran's mischief are visible throughout the Middle East, including its financing of jihadist groups and other violent extremists, its meddling in Syria, Iraq, Lebanon, and Yemen.
UAE. Qatar, Saudi Arabia and Kuwait all ranked in the top 10, with the three nations performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel.