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Research and Markets: United Arab Emirates Freight Transport Report Q3 2011: UAE Continue to Make Concerted Efforts to Place Itself at the Centre of the Global Forwarding Network

Dépèche transmise le 21 juillet 2011 par Business Wire

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/62aa6c/united_arab_emirat) has announced the addition of the "United Arab Emirates Freight Transport Report Q3 2011" report to their offering.

“United Arab Emirates Freight Transport Report Q3 2011”

It is BMI's view that the UAE will continue to make concerted efforts to place itself at the centre of the global forwarding network. The air and especially maritime sectors will see healthy growth over the mid term. After an estimated return to growth for the UAE's primary ports in 2010, this report forecasts growth to continue over the medium term, albeit at a slower rate than before the global economic slowdown in 2009. The air and logistics sectors in the UAE continues to grow at pace, with more logistics companies relocating their hubs to the country, and national air carriers continuing to expand and post improved results. The country does not yet have a rail freight sector, but the UAE's inaugural state of the art rail network is now under way.

Headline Industry Data:

2011 Jebel Ali and Port Rashid total tonnage throughput forecast to be 150.18mn tonnes, following an estimated 140.62mn tonnes in 2010.
2011 airfreight tonnes through Dubai airport forecast to reach 2.18mn tonnes and to grow to 2.81mn tonnes by 2015.
UAE total trade real growth in 2011 forecast to be 8.55%.

Key Industry Trends: Rail Development Continues Apace Etihad Rail's state of the art network is to be focused primarily on freight rather than being utilised as dedicated passenger link between Abu Dhabi and Dubai. There has been a slight deviation from 2010's plan and the AED40bn (US$10.9bn) network will be shorter in length - 1,200km - as opposed to the original 1,500km. The project is to be built in three phases across all seven emirates and will begin in 2012, with the completion date due for 2019. This report believes that railway development will not only benefit the states internally, but once they are connected will also help enhance trade between the members of the Gulf Cooperation Council (GCC).

Air Sector Still Flying High: The Abu Dhabi Airports Company (ADAC) is weighing up the possibility of establishing new cargo facilities at the international airport. BMI notes that the growth in throughput at the Abu Dhabi International Airport has been exceptional in recent years.

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