Increase in trade, global oil demand and economic diversification drive the need for growth of ports and free trade zones. UAE, an important re-export hub, has made the highest investments in seaport sector in the GCC. The re-export of merchandise goods and the development of major Free trade zones such as Jebel Ali Free Zone Authority (JAFZA) in Dubai have helped attract Foreign Direct Investment, diversify UAE's economy and increase non-hydrocarbon trade. Many mega projects are currently underway with focus on Abu Dhabi and Dubai to enhance capacity in both passenger and container traffic.
In this report, we have listed the current and future projects in the Seaport Sector both in the GCC and UAE Ports. The report provides a brief on the major UAE ports, the expansion projects currently underway and the analysis of port volume and trade in the country.