2014-01-09 06:05:01 - Bahrain Freight Transport Report Q1 2014 - a new market research report on companiesandmarkets.com
Bahrain continues to invest heavily into making itself a key logisitics centre in the Gulf. The primary port, the Khalifa Bin Salman Port (KBSP) is to have its channel deepened, and the Bahrain International Airport is to be expanded. We question whether the small island state can compete with the investment that has already been put into making Dubai a logistics hub for the region; however, Bahrain has succeeded in attracting new logistics companies to its territory over the past 12 months, and we forecast healthy growth across its freight modes over our medium-term forecast period.
Growth at the port of Khalifa bin Salman (KBSP) in terms of total tonnage throughput is forecast at 6.0% in 2014, with average annual growth
forecast at 5.5% between 2014 and 2018.
Growth in Bahrain International Airport tonnage handling forecast at 2.0% in 2014, with average annual growth of 1.7% over our forecast period.
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