{"id":73548,"date":"2023-09-18T00:00:00","date_gmt":"2023-09-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/09\/18\/new-details-emerge-on-india-mena-corridor-including-what-mena-ports-will-be-linked-via-sea\/"},"modified":"2023-09-18T00:00:00","modified_gmt":"2023-09-18T00:00:00","slug":"new-details-emerge-on-india-mena-corridor-including-what-mena-ports-will-be-linked-via-sea","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/09\/18\/new-details-emerge-on-india-mena-corridor-including-what-mena-ports-will-be-linked-via-sea\/","title":{"rendered":"New details emerge on India-MENA corridor, including what MENA ports will be linked via sea"},"content":{"rendered":"

Ports in India, the UAE, Saudi Arabia, Israel, Greece, Italy, and France have been <\/strong> floated as junctions in the <\/strong>India-Middle East-Europe Economic Corridor (IMEC)<\/a><\/strong>, the Hindu<\/a> cites \u201cofficial sources\u201d as saying. The inner workings of the logistics megaproject \u2014 a major US-backed logistics infrastructure project that seeks to establish rail and maritime connections between Europe and India via MENA \u2014 are being talked over, with participants weighing their options in terms of proposed routes, the sources explained. <\/p>\n

IMEC will likely deploy several routes: <\/strong> \u201cMultiple routes are being considered to prospectively reduce the freight load on one route,\u201d an official reportedly said.<\/p>\n

Which MENA ports will feature along the routes? <\/strong>Fujairah, Jebel Ali, and Abu Dhabi ports in the UAE, and Dammam and Ras Al Khair ports in KSA are candidates for the GCC leg of the route, the document said. Israel\u2019s Haifa Port is a top contender for the Israeli connection, and Greece\u2019s Piraeus, Italy\u2019s Messina, and France\u2019s Marseilles could also become IMEC\u2019s end-points in Europe, the Hindu said.<\/p>\n

\u2026and in India: <\/strong>Mundra, Kandla, and Jawaharlal Nehru Port Trust (Navi Mumbai) have been shortlisted for maritime connections between India\u2019s west coast and the Gulf, a document picked up by the Hindu showed.<\/p>\n

IMEC\u2019s railway links from the GCC to Haifa will build upon a mix of greenfield + brownfield projects: <\/strong> A study is ongoing to assess existing and planned railway infrastructure in the region and to identify gaps that will require new initiatives, officials reportedly said. <\/p>\n

Thousands of kilometers of new railway lines are currently lacking: <\/strong>The 2.9k km Fujairah-Haifa stretch must see 1k km of new railways installed, while the 2.5k km Jebel Ali-Haifa route is short 745 kilometers. Abu Dhabi-Port Haifa\u2019s 2.4k km connection lacks 629 kilometers of rail, Dammam-Haifa\u2019s 2.1k km leg lacks 289 kilometers, and Ras Al Khair-Haifa\u2019s 1.8k km stretch is missing 269 km, according to numbers cited by the Hindu. <\/p>\n

The funding: <\/strong>Developing the sea links could cost anywhere between USD 3-8 bn, although it is too early to determine the exact figure, sources said.<\/p>\n

Indian firms are already looking ways to contribute, including : <\/strong> Indian infrastructure and energy conglomerates Adani Group<\/a>, Larsen & Toubro<\/a>, and GMR Group<\/a> are all looking to take part in mega projects for the corridor, the Economic Times Infra<\/a>(ET Infra) reports. Engineering and construction firm Larsen & Toubro is looking to bid for engineering contracts for railway projects in the Middle East, such as the UAE-Oman rail project, an official from the firm told the outlet. Both GMR Group and Adani are looking to expand across Greece, specifically into Kalamata Airport and the ports of Kavala respectively, ET Infra writes. <\/p>\n

Turkey is feeling left out: <\/strong> Ankara is pushing back against IMEC, which would upend its traditional role as a trade conduit between Europe and the Middle East, the Financial Times<\/a> reported. \u201cThere can be no corridor without Turkey,\u201d Turkish president Recep Tayyip Erdogan reportedly said at the conclusion of the G20 summit, snubbing current plans which see IMEC completely side-stepping Turkey. <\/p>\n

Ankara is proposing Iraq\u2019s <\/strong>Development Road<\/a><\/strong> as an alternative: <\/strong> The USD 17 bn rail and road initiative is slated to connect Iraq\u2019s Grand Faw Port to the country\u2019s northern border with Turkey. However, there are serious doubts regarding the feasibility of the initiatives with analysts citing financial, security, and governance concerns, according to statements cited by FT. We have more on this in Logistics in the News, below.<\/p>\n","protected":false},"excerpt":{"rendered":"

Fujairah, Jebel Ali, and Abu Dhabi ports in the UAE, as well as Dammam and Ras Al Khair in KSA, are candidates for the GCC leg of the route<\/p>\n","protected":false},"author":1,"featured_media":73549,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[136],"tags":[17,201,182,134,121,123,51],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-73548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-projects","tag-enterprise-logistics","tag-india","tag-infrastructure","tag-projects","tag-rail","tag-shipping-maritime","tag-transport","wpautop","entry"],"acf":{"mongo_id":"588846e1-d5a8-4f76-ae3a-49e9f74aaa12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/9\/1104.jpg","photo_position":"above","homepage_title":"","full_issue_title":"New 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