Industry

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A $1bn revenue target is spearheading Sri Lanka’s efforts to solidify its place as a key source market for gemstones and jewellery, although flat global sales of luxury goods, coupled with labour shortages, risk hindering the country’s efforts.

A regulatory overhaul is paving the way for Papua New Guinea to focus on developing the processing side of its fisheries industry, supporting the country’s plans to become a major downstream player in the global tuna market. 

The cashmere industry in Mongolia is making its mark on the global fibres market, with an abundance of quality raw materials and continuing investment in downstream processing capacity.

Egypt’s chemicals and plastics sector is becoming an increasingly important contributor to industrial output and exports. With demand being driven by agriculture and fast-moving consumer goods (FMCG), the sector is likely to become an industrial heavyweight in the coming years.

Les autorités tunisiennes travaillent à diversifier le secteur industriel du pays en mettant l'accent sur les produits agro-industriels à valeur ajoutée, tels que l'huile d'olive, dont l’export connaît actuellement une envolée.

While power shortages remain one of a number of challenges South African manufacturers are facing in 2015, there is a silver lining: solid demand and efforts to trim costs and boost operational efficiencies are expected to shore up earnings in certain segments.

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