Industry

Industrial activity is on the rise in Abu Dhabi as the emirate’s drive towards sustainable economic diversification under Abu Dhabi Economic Vision 2030 gathers pace. The recently opened Khalifa Industrial Zone Abu Dhabi is likely to be a key engine of growth for the emirate, while a recent multi-billion dollar merger between the UAE’s two aluminium manufacturers is also set to bolster plans for industrial expansion.

A drive to increase the number of industrial parks opening their doors across the Philippines is gathering pace as the country moves to build on a landmark level of foreign direct investment (FDI) notched up last year.

The government of Myanmar has taken steps to encourage the development of a manufacturing base, including the establishment of industrial zones (IZs) and, more recently, special economic zones (SEZs). Advantages such as an inexpensive labour force and proximity to major markets like India and China have international firms jostling for more information about the implementation of the zones.

New investments in Oman’s agro-industries will not only help bolster the Sultanate’s food security and ease reliance on imports, but also have the capacity to provide increased business opportunities in food processing and support services.

From cocoa to mobile phone handsets and cement to aircraft, Indonesia’s industry sector is surging as firms look to make inroads within the region and further abroad. However, a lack of infrastructure remains a limiting factor on growth.

With the industrial sector looking to post positive growth in 2013 on the back of increased regional demand, steps are being taken to boost the supply of space for manufacturing activities.