By investing heavily in the development of the industrial sector and making national policy more favourable for private investment, the government has helped accelerate the growth of industry. Traditional sectors such as agriculture are being transformed as processing capabilities expand through the development of new industrial zones, adding greater value to the sector. Furthermore,...
Industry
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Chapter | Industry & Retail from The Report: Cote d'Ivoire 2022
After achieving a region-leading economic recovery in the decade since political stability was established, future growth and industrialisation strategy will continue to be shaped by the National Development Plan 2021-25, which constitutes a holistic approach to achieving emerging market status and meaningful poverty reduction by 2030.
The manufacturing sector is the second-largest contributor to non-oil GDP, behind financial services. Some of the kingdom’s key industrial players have expanded their production capacity in recent years, significantly bolstering heavy industry and downstream potential, most notably in the aluminium segment. Aluminium is Bahrain’s biggest non-oil export, and Aluminium Bahrain is integral to...
After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with strong growth, rising government revenue and a new plan for the future economy. As energy and tourism earnings recover, the kingdom aims to generate sustainable long-term growth opportunities through new sector strategies and transformational infrastructure projects.
Chapter | Industry & Retail from The Report: Egypt 2022
Egypt has made some progress in improving industrial development, but the government is working to focus on specialisation in certain segments – particularly textiles and pharmaceuticals. Indeed, scaling up investment in manufacturing is a policy priority, as the country’s value-added growth in this sector has been sluggish compared to other emerging economies. Namely, the country aims to...
Chapter | Energy & Utilities from The Report: Egypt 2022
Egypt has turned its oil and gas industry around in the years since 2015: heavy investment in this industry now places Egypt in an advantageous position to capitalise on the resurgence of global travel and economic activity. The opening of new transport routes for hydrocarbons will help the country become a global energy centre connecting Europe, MENA and Asia. In addition to redeveloping its...