Space is fast running out in the Bahrain International Investment Park (BIIP), with up to 75% now allocated. The park, one of the most successful of the Kingdom’s specially developed industrial zones, has been designed by the Ministry of Industry and Commerce (MoIC) to attract local, regional and multinational firms seeking a global base of...
As the country’s first heavy industry to be developed, aluminium remains a cornerstone of the Kingdom’s industrial base. The GCC industrial landscape has changed dramatically since 1968, when the Kingdom established Aluminium Bahrain (Alba) and began developing the aluminium sector. At the time, the region was emerging as a major contender for...
With a substantial portion of domestic production focused on the internal market, the retail and wholesale sector remains a crucial driver of the economy. According to statistics from the country’s central bank, Bangko Sentral ng Pilipinas, total expenditure on personal consumption has shown steady growth over the past seven years. In 2010 personal...
Two of the most effective mechanisms developed by the government for boosting investment in the industrial sector are the Philippine Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA). For 2010 the BOI and PEZA attracted a total of P302.1bn ($6.86bn) and P204.39bn ($5.66bn), respectively, in approved investments by...
Like many of its neighbours, the Philippines’ economy has been evolving towards a more value-added economic model, following in the path of Japan, South Korea and Taiwan. Unfortunately, a number of factors have so far limited the pace of this transition and the country still lags behind many of its regional peers, despite the benefits of increasing...
Not far from Kuwait International Airport, signs of the nation’s growing industrial infrastructure are sprouting up; just a short drive along the coastal road are the gantries and tanks of the Shuaiba refinery, one of the three refineries in Kuwait and just part of the vast network of facilities that underpin the nation’s oil and gas industry. Not...
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