New Report Available: United Arab Emirates Freight Transport Report Q2 2015

Our view on the UAE's freight transport sector remains overwhelmingly positive. Although our forecast for real GDP growth is for real GDP growth of 4.0% in 2015 - marginally stronger than the 3.9% we estimated for 2014, but slower than 2013's expansion of 5.2% - we expect that growth across most freight transport modes will range between 5.0% and 11.0%, driven by a trade expansion of 6.4%. Port Khalifa will be the outperformer, where we project that throughput will expand by 10.9%. The country dominates the freight transport sector in the region and its continued expansion to its ports and airports, now being matched by investment into the developing rail network, will ensure this remains the case.

Full Report Details at
- http://www.fastmr.com/prod/953195_united_arab_emirates_freight_transport_report_q2.aspx?afid=301

Headline Industry Data

* 2015 air freight tonnes through Dubai International Airport forecast to grow by 5.8% and to average 4.9% to 2019.
* The Khalifa Port is forecast to enjoy gross tonnage handling growth of 10.9% in 2015. Growth over the medium term will average 10.0%.
* The UAE's total trade real growth in 2015 forecast to be 6.4% and to average 4.8% over the medium term to 2019.

Key Industry Trends

Expansions Keeping UAE Ports Ahead Of The Game: One of the reasons the shipping sector in the UAE is so successful is because its ports are constantly improved and expanded. As demand for the facilities grows they continue to add new berths and invest in new state-of-the-art infrastructure. This is highlighted by the expansion of the port of Jebel Ali to 19mn TEUs capacity which is expected to be completed in 2019, and by a recent deal to expand Port Khalifa. UAE-based Abu Dhabi Commercial Bank (ADCB) has signed an AED300mn (USD81.68mn) financing agreement with local port operator Abu Dhabi Terminals to develop the facility. The operator will use the funds to build new facilities and increase the capacity of the terminal. The port's capacity will be increased from 2mn twenty-foot equivalent units (TEUs) to 2.5mn TEUs by 2017, according to Chief Financial Officer...

The United Arab Emirates Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s United Arab Emirates Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Emirati freight transport and logistics industry.

Key Benefits

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