Confrontée à un ralentissement de son économie, l’Algérie a lancé une opération visant à revitaliser son secteur industriel et à accroitre la productivité agricole en se recentrant sur les produits de fabrication locale.
Industry
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Economic update | Turkey set for ship-breaking boost
29 May 2015
Proposed changes to European Commission (EC) regulations governing the scrapping of ships look set to give Turkey’s ship-breaking and metal-processing industries a significant boost by shutting out rivals in Asia from part of this lucrative trade.
Falling demand and rising competition for feedstock, alongside a national push to bring the price of raw materials closer to market rates, are combining to put pressure on Saudi Arabia’s petrochemicals industry.
Small and medium-sized enterprises (SMEs) are to receive new incentives in Papua New Guinea, as the government aims for a 10-fold increase in the number of such businesses, from 50,000 to 500,000, and a five-fold increase in the segment’s contribution to GDP, from 10% to 50%.
Electric vehicles may be set to become a more familiar sight on the streets of Dubai. The emirate has one of the world’s highest car ownership ratios and the authorities are expanding the infrastructure for battery-run cars and introducing new incentives to encourage people to switch to more environmentally-friendly options.
The automobile industry notched up a robust performance in the Philippines last year, with record sales continuing in early 2015, largely due to economic expansion and the growth of the middle class.