The Gcc Rail Opportunity

Total Page:16

File Type:pdf, Size:1020Kb

The Gcc Rail Opportunity development > tag this ON TRACK THE GCC RAIL OPPORTUNITY The ambitious GCC railway project is a proposed regional link to connect the Gulf Cooperation Council (GCC)-member states and boost transport services across the region. Experts in rail transport discuss the rail infrastructure needs of the GCC countries in a report compiled by Sindhu Nair. 58 > QATAR TODAY > NOVEMBER 2013 he concept of public transport is Saudi Arabia has the greatest potential new to the Gulf countries. Public with projects worth QR182 billion (USD50 transport used to be confined to billion) due to be completed by 2025, ac- taxis and in 2005, when Mowas- cording to MEED Projects. Rail, metro, alat introduced buses to Qatar tram and BRT projects in Qatar worth for the first time, a mode of travel more than QR109.2 billion ($30 billion) are Tthat has now become popular for labourers scheduled to be finished by 2020, ahead of and low-income groups, it was seen as a big the Qatar 2022 World Cup. The third big- step in public transport development. But gest rail market is the UAE, where QR98.28 that was long before Qatar became a hive of billion ($27 billion) worth of projects is due activity with the 2022 World Cup projects for completion by 2030. work that has now begun in earnest. But the most interesting of all the devel- Public transport is the next stage of in- opments is the talks and even some action, frastructure development that all of the about having an integrated rail network be- Gulf countries are actively investing in. tween the GCC countries. But one of the biggest challenges facing the Talking about this project, Marco governments of the GCC countries will be Stegher, Project Manager of the Arab Rail- to persuade their respective citizens to use way Study, says the ambitious GCC railway the public transport systems. According to project is a regional link proposed to con- one expert, that is not an unachievable task nect the Gulf Cooperation Council member given the success model of the first metro states, to boost transport services across system in the region, the Dubai Metro. the region. It is splanned that the route of Qatar is set to spend up to QR550 billion the GCC train project should start from Ku- (USD150 billion) on infrastructure projects wait, amd run via Dammam in the Kingdom over the next nine years as it starts prepar- of Saudi Arabia, to the Kingdom of Bahrain ing for the 2022 FIFA World Cup, according over the proposed causeway to be built par- to HE Yousef Hussein Kamal, the former allel to the King Fahd Causeway, and from Minister of Economy and Finance. Dammam to Qatar through Salwa. The GCC A whopping 40% of its budget between train would also link Qatar with Bahrain via now and 2016 is allocated to infrastruc- the Qatar-Bahrain Causeway to be estab- "Qatar is ideally ture projects, including QR40.04 billion lished between them, and run from Saudi ($11 billion) on a new international airport, Arabia through Al Batha to the United Arab located to benefit QR20.02 billion ($5.5 billion) on a deep-wa- Emirates (Abu Dhabi – Al Ain) and then end from increased trade ter seaport and QR3.64 billion ($1 billion) up in Oman across Sohar to Muscat. The across the region. A rail for a transport corridor in the capital. It has total project length is approximately 2,116 also allocated QR182 billion ($50 billion) km, and the length of the track inside the network will only serve to upgrade its transport infrastructure, in- Kingdom of Saudi Arabia totals 663 km. to make it easier to do cluding new rail and metro systems. Bids for implementation of the GCC rail business across borders Figures provided by MEED Projects project, have already been invited, the de- show that this phenomenon is not seen sign stage of the project has already com- and help to strengthen only in Qatar – there are 108 separate rail- menced, and it is expected to be completed the country's economic way, metro, monorail, tram and bus rapid in 2017. transit projects under bid, under design or “The GCC network would support eco- growth." under study in 14 MENA countries. More nomic diversification, encourage invest- DR AMJAD BANGASH than 50 of them with a combined value of ment, boost trade and create jobs,” says Managing Director, almost QR509.6 billion ($140 billion), are Stegher. Rail Bechtel Ltd (UK) in the GCC. Opportunities in the Middle East and Value of MENA rail projects by Value of MENA rail projects by status (in $ million) completion date (in $ million) 120,000 100,000 100,000 80,000 80,000 60,000 60,000 40,000 40,000 20,000 20,000 Under bid Design Study 2015 2016 2017 2018 20192020 2021 202220252030 QATAR TODAY > NOVEMBER 2013 > 59 development > tag this Value of MENA rail projects to 2030 by country ($ million) 60,000 50,000 40,000 30,000 20,000 10,000 UAE Iraq Iran yria Qatar Egypt Oman emen S Algeria Bahrain Jordan Y Morocco Lebanon Saudi Arabia North Africa (MENA) region's QR819 Dr Amjad Bangash, Managing Director, billion ($225 billion) rail, metro, tram and Rail atBechtel Ltd (UK), strongly defends bus rapid transit (BRT) capital investment the project saying that with one of the programme to 2030 were highlighted at the fastest growing economies, Qatar is home MEED MENA Rail and Metro Summit held to one of the world’s largest gas reserves in Abu Dhabi on October 29. The partici- and that transportation, construction and pants discussed with Qatar Today the huge property will also boosts its economy. opportunity this presents. Yiwen Wang, Chief Technology Officer, MEA Government and Enterprise Business A gap to fill of ZTE, a leading provider of telecommuni- Stegher gives us an outline of the work cations equipment and network solutions, planned in Qatar. “The proposed Qatar agrees with Bangash’s views, reiterating, National Railway Network is an integral “The pace at which Doha is growing would part of the future integrated multi-modal necessitate a rail network. As it is, more "Operating practices, transportation currently being considered, than 200 new cars rush to roads every day, which also includes a modern metro system and the expat worker population is expect- customs and in Doha and light rail transit schemes in ed to double in the next five to six years. immigration policies other strategic city locations,” he says. With the current limited road transport and other divisive These national and international trans- capability, a rail network is a must infra- portation systems together form the Qa- structure to support the country’s further issues that could slow tar Railways Development Programme development.” the development of a (QRDP) and will provide a solid backbone to “A regional rail network can support di- encourage economic development and sup- versification and growth in non-oil based GCC network should port the foreseen population growth. This sectors,” says Bangash,, “Helping to make be also tackled from a will reinforce the role of Qatar in the region manufacturing and mining more cost supranational level." as an international business hub, also con- competitive, and supporting the container sidering other ongoing developments such trade in major ports. Qatar is ideally locat- as the West Bay area, Lusail, Education ed to benefit from increased trade across MARCO STEGHER Project Manager, City, the new Port Mesaieed, and the New the region. A rail network will only serve to Arab Railway Study Doha International Airport. The integrated make it easier to do business across borders railway network aims to fulfil short-, medi- and help to further strengthen the coun- um-and long-term demands related to pas- tryís economic growth". senger and freight transport in Qatar and Siemens Infrastructure and Cities, Mid- from other GCC member states. dle East, CEO, Joerg Scheifler feels that to “Major sections will be ready for the 2022 realise Qatar’s National Vision 2030 and FIFA World Cup, allowing mobility from build a sustainable environment for the fu- New Doha International Airport (NDIA) ture, creating an environmentally-friend- and neighbouring countries to Doha,” says ly and efficient public transport system is Stegher, stressing on the importance of crucial. the public transport system as a means of transport from and to neighbouring Arab The GCC challenge countries during the World Cup. There will be challenges building a rail net- Whether Qatar has the need for such in- work between the GCC countries. A GCC frastructure upgrades given its compara- network will involve more challenges than tively small population, of which a majority individual countries' rail works as the proj- are migrant workers, is another question ect will involve a lot more of interaction and that analysts have asked. cooperation among the GCC states while 60 > QATAR TODAY > NOVEMBER 2013 THE DUBAI SUCCess MODEL eflecting on the Dubai Metro model, “The Dubai metro was the first metro Stegher feels that “they have done it system to be built in a Gulf country and the right way”. The Road and Trans- there were many risks on the success of Rport Authority of Dubai (RTA) is the project and mostly the challenges aiming to reduce the use of private vehi- of persuading the Emirate’s car drivers cles and increase the use of public trans- to take public transport were one big port to 30% by 2020. challenge. With the usage on the public The Dubai Metro has been open since transport growing by huge rates in three 2009 and statistics from RTA report that years, it suggests that changing commut- Red and Green Line passengers are grow- ersí mentality may be hard, but possible.
Recommended publications
  • Assessing Investment Policies of Member Countries of the Gulf Cooperation Council
    ASSESSING INVESTMENT POLICIES OF MEMBER COUNTRIES OF THE GULF COOPERATION COUNCIL Stocktaking analysis prepared by the MENA-OECD Investment Programme and presented at the Conference entitled: “Assessing Investment Policies of GCC Countries: Translating economic diversification strategies into sound international investment policies” On 5 April 2011 in Abu Dhabi Organised in co-operation of and hosted by the Ministry of Economy of the United Arab Emirates 1 2 TABLE OF CONTENTS FOREWORD .................................................................................................................................... 4 I. INTRODUCTION: ECONOMIC AND FDI OVERVIEW AND DIVERSIFICATION POLICIES ................. 7 1. After an eventful decade, the GCC economies are at a crossroads ....................................... 7 2. Diversification remains a key challenge in the GCC ............................................................... 9 3. The GCC needs to address human capital issues ................................................................. 17 II. PRESENTATION OF THE ASSESSMENT METHODOLOGY .......................................................... 21 1. The BCDS methodology ........................................................................................................ 21 2. The BCDS investment policy dimension and the stocktaking study .................................... 22 III. ASSESSMENT OF INVESTMENT POLICIES – FDI LAW AND POLICY OF GCC COUNTRIES ........ 24 1. Restrictions to National Treatment .....................................................................................
    [Show full text]
  • Investigation Future Planning of Railway Networks in the Arabs Gulf Countries
    M. E. M. Najar & A. Khalfan Al Rahbi, Int. J. Transp. Dev. Integr., Vol. 1, No. 4 (2017) 654–665 INVESTIGATION FUTURE PLANNING OF RAILWAY NETWORKS IN THE ARABS GULF COUNTRIES MOHAMMAD EMAD MOTIEYAN NAJAR & ALIA KHALFAN AL RAHBI Department of Civil Engineering, Middle East College, Muscat, Oman ABSTRACT Trans-border railroad in the Arabian Peninsula dates back to the early 20th century in Saudi Arabia. Over the recent decades due to increasing population and developing industrial zones, the demands are growing up over time. The Gulf Cooperation Council (GCC) is now embarking on one of the largest modern cross-border rail networks in the world. This is an ambitious step regarding the planning and establishment of the rail network connecting all the six GCC countries. This railway network will go through at least one city in each country to link the cities of Kuwait in Kuwait, Dammam in Saudi Arabia, Manama in Bahrain, Doha in Qatar, the cities of Abu Dhabi and Al Ain in the United Arab Emirates and Sohar and then Muscat in Oman in terms of cargo and passengers. The area of investigation covers different aspects of the shared Arabian countries rail routes called ‘GCC line’ and their national rail network. The aim of this article is to study the existing future plans and policies of the GCC countries shared line and domestic railway network. This article studies the national urban (light rail transportation (LRT), metro (subways) and intercity rail transportation to appraise the potential of passenger movement and commodity transportation at present and in the future.
    [Show full text]
  • Page 01 Nov 27.Indd
    ISO 9001:2008 CERTIFIED NEWSPAPER Golden decade for petrochemicals industry Business | 21 Thursday 27 November 2014 • 5 Safar 1436 • Volume 19 Number 6262 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Ministry survey Qatar win Gulf Cup on work habits sparks debate We are hardworking, say citizens DOHA: An official survey have the household and children suggesting that Qataris spent to take care of. much less time on income-gen- Meanwhile, a senior offi- erating activities has kicked cial from the Ministry of up a row, prompting the Development Planning and planning ministry to issue a Statistics, said at a news briefing clarification. yesterday that the lower average Some public representatives working hours mentioned in the objected to the survey whose survey were the average for the findings on Monday said the country’s entire population and average Qatari spent barely a not for Qataris alone. few hours a day on income-gen- Economically active Qatari erating activities. men on average actually spend If Qataris didn’t work hard, eight hours and 11 minutes Qatar wouldn’t be where it is a day on income-generating today in terms of economic and activities and this average was social advancement, said a public seven hours and 26 minutes for representative. (economically active) Qatari Qatari players celebrate with the Gulf Cup trophy after defeating Saudi Arabia 2-1 in the final of the 22nd edition of the tournament at the King Mohamed bin Ali Al Athba, women. Fahad Stadium in Riyadh yesterday.
    [Show full text]
  • Yemen's Relations with the Gulf Cooperation Council
    Kuwait Programme on Development, Governance and Globalisation in the Gulf States ‘One blood and one destiny’? Yemen’s relations with the Gulf Cooperation Council Edward Burke June 2012 Number 23 The Kuwait Programme on Development, Governance and Globalisation in the Gulf States is a ten-year multidisciplinary global research programme. It focuses on topics such as globalization and the repositioning of the Gulf States in the global order, capital flows, and patterns of trade; specific challenges facing carbon-rich and resource-rich economic development; diversification, educational and human capital development into post-oil political economies; and the future of regional security structures in the post-Arab Spring environment. The Programme is based in the LSE Department of Government and led by Professor Danny Quah and Dr Kristian Ulrichsen. The Programme produces an acclaimed working paper series featuring cutting-edge original research on the Gulf, published an edited volume of essays in 2011, supports post-doctoral researchers and PhD students, and develops academic networks between LSE and Gulf institutions. At the LSE, the Programme organizes a monthly seminar series, invitational breakfast briefings, and occasional public lectures, and is committed to five major biennial international conferences. The first two conferences took place in Kuwait City in 2009 and 2011, on the themes of Globalization and the Gulf, and The Economic Transformation of the Gulf. The next conference will take place at the LSE in March 2013, on the theme of The Arab Spring and the Gulf: Politics, Economics, and Security. The Programme is funded by the Kuwait Foundation for the Advancement of Sciences.
    [Show full text]
  • Yemen and The
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by LSE Research Online Kuwait Programme on Development, Governance and Globalisation in the Gulf States ‘One blood and one destiny’? Yemen’s relations with the Gulf Cooperation Council Edward Burke June 2012 Number 23 The Kuwait Programme on Development, Governance and Globalisation in the Gulf States is a ten-year multidisciplinary global research programme. It focuses on topics such as globalization and the repositioning of the Gulf States in the global order, capital flows, and patterns of trade; specific challenges facing carbon-rich and resource-rich economic development; diversification, educational and human capital development into post-oil political economies; and the future of regional security structures in the post-Arab Spring environment. The Programme is based in the LSE Department of Government and led by Professor Danny Quah and Dr Kristian Ulrichsen. The Programme produces an acclaimed working paper series featuring cutting-edge original research on the Gulf, published an edited volume of essays in 2011, supports post-doctoral researchers and PhD students, and develops academic networks between LSE and Gulf institutions. At the LSE, the Programme organizes a monthly seminar series, invitational breakfast briefings, and occasional public lectures, and is committed to five major biennial international conferences. The first two conferences took place in Kuwait City in 2009 and 2011, on the themes of Globalization and the Gulf, and The Economic Transformation of the Gulf. The next conference will take place at the LSE in March 2013, on the theme of The Arab Spring and the Gulf: Politics, Economics, and Security.
    [Show full text]
  • Country's Biggest Automated Abattoir Begins Operations
    QatarTribune Qatar_Tribune QatarTribuneChannel qatar_tribune WEDNESDAY JANUARY 15, 2020 JUMADA AL-AWWAL 20, 1441 VOL.13 NO. 4843 QR 2 Fajr: 5:01 am Dhuhr: 11:43 am Asr: 2:45 pm Maghrib: 5:06 pm Isha: 6:36 pm MAIN BRANCH LULU HYPER SANAYYA ALKHOR Business 9 Sports 12 Doha D-Ring Road Street-17 M & J Building QNB’s 2019 net profit On a wing and a prayer: PARTLY CLOUDY MATAR QADEEM MANSOURA ABU HAMOUR BIN OMRAN HIGH : 22°C Near Ahli Bank Al Meera Petrol Station Al Meera jumps 4 percent to Qatar brace for crucial LOW : 14°C alzamanexchange www.alzamanexchange.com 44441448 QR14.4 billion Japan clash Amir issues a AMIR GRANTS AL WAJBAH DECORATION host of laws TO BOSNIA AND HERZEGOVINA ENVOY Country’s biggest THE Amir HH Sheikh Tamim bin Hamad al Thani on Tuesday issued a host of laws. The Amir issued Law No 1 of 2020 on the uni- automated abattoir fied economic register. TheAmir also issued Law No 2 of 2020 amending some provisions of the Penal Code issued by Law No 11 of 2004. The Amir issued Law No 3 of 2020 amending some provisions of Law No 9 of 1987 on combat- begins operations ing drugs and dangerous psychotropic substanc- es and regulating their trade and use. The Amir also issued Law No 4 of 2020 amend- ing some provisions of Law No 15 of 2014 on the Al Wakra Central Market becomes operational regulation of charitable activities. The Amir issued Law No 5 of 2020 amending some provisions of SATYENDRA PATHAK ning.
    [Show full text]
  • IO Brachenreport VAE Schienenverkehr
    AUSSEN WIRTSCHAFT BRANCHENREPORT VEREINIGTE ARABISCHE EMIRATE SCHIENENVERKEHR BRANCHE UND MARKTSITUATION KONKURRENZSITUATION GESETZLICHE UND SONSTIGE RAHMENBEDINGUNGEN TRENDS UND ENTWICKLUNGEN CHANCEN FÜR ÖSTERREICHISCHE UNTERNEHMEN AUSSENWIRTSCHAFTSCENTER ABU DHABI MÄRZ 2020 2 Unser vollständiges Angebot zum Thema Schienenverkehr (Veranstaltungen, Publikationen, Schlagzeilen etc.) finden Sie unter wko.at/aussenwirtschaft/schienenverkehr. Eine Information des AußenwirtschaftsCenters Abu Dhabi Wirtschaftsdelegierter Mag. Richard Bandera T +971 2 20 43 444 F +971 2 64 33 455 E [email protected] W wko.at/aussenwirtschaft/ae fb.com/aussenwirtschaft twitter.com/wko_aw linkedIn.com/company/aussenwirtschaft-austria youtube.com/aussenwirtschaft flickr.com/aussenwirtschaftaustria www.austria-ist-ueberall.at Das Werk ist urheberrechtlich geschützt. Alle Rechte, insbesondere die Rechte der Verbreitung, der Vervielfäl- tigung, der Übersetzung, des Nachdrucks und die Wiedergabe auf fotomechanischem oder ähnlichem Wege durch Fotokopie, Mikrofilm oder andere elektronische Verfahren sowie der Speicherung in Datenverarbeitungs- anlagen bleiben, auch bei nur auszugsweiser Verwertung, der Wirtschaftskammer Österreich AUSSENWIRTSCHAFT AUSTRIA vorbehalten. Die Wiedergabe mit Quellenangabe ist vorbehaltlich anders lautender Bestimmungen gestattet. Es wird darauf hingewiesen, dass alle Angaben trotz sorgfältiger Bearbeitung ohne Gewähr erfolgen und eine Haftung der Wirtschaftskammer Österreich – AUSSENWIRTSCHAFT AUSTRIA ausgeschlossen ist. Darüber hinaus ist
    [Show full text]
  • Abdulla Siam OGS Approved Thesis .Pdf
    QATAR UNIVERSITY COLLEGE OF ENGINEERING FACTORS AFFECTING BUS RIDERSHIP IN QATAR BY ABDULLA SIAM A Thesis Submitted to the Faculty of the College of Engineering in Partial Fulfillment of the Requirements for the Degree of Masters of Science in Civil Engineering June 2018 © 2018 Abdulla Siam. All Rights Reserved. COMMITTEE PAGE The members of the Committee approve the Thesis of Abdulla Siam defended on 15/05/2018. Dr. Khaled Shaaban Thesis/Dissertation Supervisor Taha Hossein Rashidi External Examiner Shaibu Bala Garba Internal Examiner Approved: Khalifa Al-Khalifa, Dean, College of Engineering ii ABSTRACT Siam, Abdulla Abdelrahman, Masters: June: 2018, Masters of Science in Civil Engineering Title: Factors Affecting Bus Ridership in Qatar Supervisor ofThesis: Dr. Khaled Shaaban. Traffic congestion is a major problem in Qatar where most of the population are car dependent. The purpose of this study is to understand the influence of various attributes on the system wide and stop level of public buses in Qatar. The study is divided into two parts, macroscopic and mesoscopic levels. In the macroscopic assessment, the study focuses on the bus system in Qatar and the factors affecting ridership, like the population, network expansion, and weather. On the mesoscopic level, the study focuses on factors affecting stop level ridership. A Multiple Linear Regression (MLR) model was developed to identify the parameters that significantly influence the stop level boarding and alighting. The results indicate that planning parameters especially those related to, personal business and shopping places, shopping commuters, restaurant commuters, residents, and number of restaurants are the main factors affecting the bus ridership.
    [Show full text]
  • HERRENKNECHT Doha Tunnels Its Way to the Top. 111 Kilometers of New Metro Tunnels in 26 Months
    Pioneering Underground Technologies Page 1/7 Press Release HERRENKNECHT Doha tunnels its way to the top. 111 kilometers of new metro tunnels in 26 months. October 11, 2016 Schwanau, Germany / Doha, Qatar September 25, 2016, 10.44 a.m. local time in Doha, Hamad International Airport: unstoppable and precisely a 7 meter tunnel boring machine pierces the final target wall of the "Red Line South". It is the last of 76 breakthroughs in the gigantic milestone project Doha Metro. The TBM breaking through marks the spectacular finale of one of the most ambitious tunnel structures in the world. Cleverly master-planned and highly professionally directed by client Qatar Rail, it took just 26 months to provide the capital of Qatar with three city- wide metro lines: 111 kilometers of brand new, ultra-modern metro tunnel systems. Where before there was nothing, at peak times 2.5 kilometers of tunnel per week were added underground. The result is not only an entry in the Guinness Book of Records. _________________ "The world has never seen such performance. What Qatar Rail and our contractors in Doha have accomplished in just 26 months of construction time with the highest standards of performance, safety and quality is an absolutely Olympic achievement in modern infrastructure development," says Herrenknecht Chairman of the Board of Management Dr.-Ing. E.h. Martin Herrenknecht in summing up the mega tunnelling project Doha Metro that was brilliantly completed on September 25, 2016 with the final breakthrough of one of the company's EPB Shields. High-level political guests such as the Qatari Prime Minister and Minister of the Interior H.E.
    [Show full text]
  • Transport Perspectives 2 | Transport Perspectives / September 2013
    Transport Perspectives 2 | Transport Perspectives / September 2013 M&A trends in transport infrastructure Dr. Steffen Wagner and Tobias Wölfel Mergers and Acquisitions (M&A) in the transport and logistics sector are highly dependent on overall economic growth and business confidence. As a result, total transactions values remain subdued due to the euro debt crisis and the subsequent worsening of global GDP growth numbers. General overview Graph 1: Transport and logistics transactions by regional distribution Graph 1 shows a sharp decline in deal values from H1 2011 to H2 2011 while 60,000 600 the numberGRAPH 1 of deals increased over 50,000 500 this period, highlighting an increase 60,000 600 GRAPH 1 40,000 400 in distressed transactions at the peak 50,000 500 30,000 300 of the euro crisis. However since the 40,000 400 second half of 2011, there has been a 20,000 200 30,000 300 steady increase in total transactions 10,000 100 Number of deals values. In H1 2013, total transaction (USD m) Deal value 20,000 200 0 0 values grew by 3% compared to H2 10,000 100 Number of deals Deal value (USD m) Deal value 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H 2008 2008 2009 2009 2010 2010 2011 2011 2012 2012 2013 2012 and by 11% compared to H1 0 0 2012. Transaction volumes have not 1H 2H 1H 2H 1H 2H 1H 2H 1H 2H 1H been similarly affected by the current 2008 2008APAC 2009 2009 Latin2010 America2010 2011 2011 Number2012 2012of deals2013 EMA North America economic climate.
    [Show full text]
  • Promoting Manufacturing and Export in the Sultanate of Oman Tyler Philip Eldridge Mcwilliam SIT Study Abroad
    SIT Graduate Institute/SIT Study Abroad SIT Digital Collections Independent Study Project (ISP) Collection SIT Study Abroad Spring 2011 Made in Oman: Promoting Manufacturing and Export in the Sultanate of Oman Tyler Philip Eldridge McWilliam SIT Study Abroad Follow this and additional works at: https://digitalcollections.sit.edu/isp_collection Part of the Business Administration, Management, and Operations Commons, Economic Policy Commons, International Business Commons, Policy Design, Analysis, and Evaluation Commons, Technology and Innovation Commons, and the Work, Economy and Organizations Commons Recommended Citation McWilliam, Tyler Philip Eldridge, "Made in Oman: Promoting Manufacturing and Export in the Sultanate of Oman" (2011). Independent Study Project (ISP) Collection. 1038. https://digitalcollections.sit.edu/isp_collection/1038 This Unpublished Paper is brought to you for free and open access by the SIT Study Abroad at SIT Digital Collections. It has been accepted for inclusion in Independent Study Project (ISP) Collection by an authorized administrator of SIT Digital Collections. For more information, please contact [email protected]. Made in Oman Promoting Manufacturing and Export in the Sultanate of Oman Tyler Philip Eldridge McWilliam 5/9/2011 SIT Oman, Spring 2011 -The Klingon Way, pg. 209 [1] Made In Oman Abstract: Oman’s manufacturing sector has shown promising growth during the past decades. This paper analyzes the role of the manufacturing and export sector in economic growth and development. Then, after analyzing government policy toward manufacturing in Oman, this paper uses research gathered from companies in Rusayl to determine the biggest problems currently facing manufacturing in Oman and the effectiveness of government policy toward the sector. Problems found included excessive bureaucracy, Omanization, and transport costs.
    [Show full text]
  • THE REPORT Saudi Arabia 2020
    THE REPORT Saudi Arabia 2020 ECONOMY ICT JEDDAH INDUSTRY UTILITIES CAPITAL MARKETS ENERGY BANKING ENTERTAINMENT TRANSPORT EDUCATION INTERVIEWS www.oxfordbusinessgroup.com SPECIAL EDITION KIICO 0 4 3 8 1 5 2 1 9 1 8 7 9 CONTENTS SAUDI ARABIA 2020 5 49 Privatisation push: Dedicated framework ISBN 978-1-912518-52-4 supports a more cooperative approach between Editor-in-Chief: Oliver Cornock the government and investors Regional Editor, Middle East: Billy 51 Interview: Anas Alfaris, President, King Abdulaziz FitzHerbert City for Science and Technology Editorial Managers: Alban Serin, Eduardo Brandi, Carlos Ortega 52 Interview: Saad bin Othman Al Kasabi, Governor, Saudi Standards, Metrology and Quality Group Managing Editor: Laura Nelson Chief Sub-Editor: Tim Owens Organisation Deputy Chief Sub-Editors: Jennifer 53 Regional leader: The Kingdom is set to play a key Ma, Kayla Moser Senior Sub-Editor: Dominic Mealy role in strengthening global cooperation and Senior Sub-Editor, Digital: John Gray coordination Writer and Editor, Digital: Alex Pichaloff 55 Tax liabilities: Impacts of the trend towards Sub-Editors: Kevin Mataraci, Teresa lower corporate tax rates on developed and Meoni, Morgan Soares-Astbury, Lizzie Staying on course developing economies Waymouth Analysts: Lloyd Belton, Jade Currie, Page 41 TRADE & INVESTMENT Tom Hill, Andy Peters, Charles Phillips Real GDP grew by 0.3% in 2019, down from 2.2% 58 Global partnerships: Government support for Head of Research: Susan Manoğlu Editorial Researchers: Kasia Kuğay, in 2018. While this is a muted performance by economic diversification is set to substantially Beatriz Trigueros historical standards, some areas of the econ- increase opportunities for investment Group Creative Director: Yonca Ergin omy showed great promise: non-oil GDP ex- 62 Improved inflows: New initiatives are enhancing Art Editors: Catherine Celeste, Zahra panded by 3.3% during the year, and non-oil the appeal of the Kingdom to international Rashid Junior Graphic Associate: Babylynne private sector growth hit 3.8%, a five-year high.
    [Show full text]