The GCC countries have 35 ports in all; some of these ports are currently undergoing expansion to meet the increasing demand. Volumes have witnessed robust growth: increasing at an estimated 8% six-year CAGR to 25 million TEUs in 2010.1 The UAE ports have the highest share of volume in the GCC at 59%.
Gulf infrastructure report - we provide a wide range of research products in the form of Periodical research in addition to Strategic research which covers a specific topic or addressue.
Marmore MENA's insight:
GCC economy is dependent on oil exports for revenue generation, while it imports a number of goods to meet domestic Industrial and consumer needs. GCC ports play a significant role in supporting this trading activity.
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