$15bn Port Expansions To Drive Industry Traffic

With the GCC countries planning to invest US$ 15 billion for the expansion of their ports in the next five years, the global maritime industry  will be looking eagerly at the Gulf Maritime and the MASTECH International Marine and Technical Conference that got under way at Expo Centre Sharjah today (12th December, 2011).In the wake of a slowdown in debt crisis-hit Western countries, trade between GCC and emerging markets has been growing at double-digit figures, prompting GCC states to expand facilities at many of its 35 major ports.

$15bn Port Expansions To Drive Industry Traffic To Two Major Sharjah Events Gulf Maritime And MASTECH Get Under Way At Expo Centre Sharjah