The government is moving at pace to expand energy and water output to meet growing demand from businesses and individual consumers. Saudi Arabia’s ambitious plans to upgrade its utilities networks, while aligning more closely to market prices, make the Kingdom an increasingly attractive proposition for investors. There is an established framework for private participation and a track record of...
Industry
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Saudi Arabia’s decision to weaken the link between hydrocarbons and economic growth, and pursue a policy of diversification has seen a wide range of projects come to fruition in the last several years. While at present the Covid-19 pandemic and the unprecedented plunge in oil prices are causing significant short-term uncertainty, the reforms that have been put in place in recent years should stand the Kingdom in good stead over the longer term.
Qatar’s industrial sector has the potential to play a pivotal role in economic diversification, with both heavy and light manufacturing in a position to benefit from major milestones ahead. Industry, along with the domestic economy overall, has developed resilience and a level of self-sufficiency since the June 2017 blockade imposed by several Arab countries. An abundance of natural gas...
With GDP growth expected to stay around the 2% mark for 2020 and 2021, the utilities sector is likely to see sustained demand growth and a stable pace for planned infrastructure development. The Al Karshaah solar project should remain the most closely watched project in the power sector, and coupled with potential photovoltaic developments at the QEERI facility, Qatar may transform into a...
Qatar has demonstrated considerable resilience in recent years, successfully developing new homegrown industries while at the same time strengthening its global ties. Although Covid-19 has introduced significant economic uncertainties in 2020, a rapid response from Qatar's authorities to curb the effects of the virus should stand the nation's economy in good stead over the medium and long term.
Chapter | Industry & Mining from The Report: Morocco 2020
With an increasingly diversified manufacturing base, the industrial sector has become an important component of Morocco’s GDP. The country produces an array of finished products and components for customers not only in traditional markets such those in southern Europe, but also increasingly across Africa, Asia and the Americas. The growing strength of industrial activities is also a reflection...