Industry

As the world’s third-largest producer of copper and zinc and with the sixth-largest gold reserves, for a country with a population of just 30m people, Peru has historically commanded a large presence in the global commodities market. This was especially true over the 10 years spanning 2002-12, when prices increased substantially during the...

The retail sector in Peru has been the second-fastest-growing sector of the economy over the past decade, after construction, driven by rising consumer spending. Retail sales peaked at $64bn in 2013-14, before falling back to an average of $61bn in 2015-16, in line with the slightly cooler economy. Peru’s total private consumption has more...

At present, some of the world’s largest steel and aluminium outfits are no longer based in Europe, North America or Asia, but in the UAE. This is the result of regional economic dynamism and careful long-term planning by the UAE’s leadership, with the government of Abu Dhabi playing an essential part in that strategic thinking. Indeed, the Abu...

When Abu Dhabi’s government looked at the future course of the economy’s development, preparatory to publishing the emirate’s long-term master plan, Abu Dhabi Economic Vision 2030, one area they were keen to see expand exponentially was petrochemicals.

Encompassing everything from petrochemicals to food processing and aerospace to automotive parts, Abu Dhabi’s industrial sector has branched out significantly in recent years. Guided by the Abu Dhabi Economic Vision 2030 and the broader 2016 Abu Dhabi Plan, along with its own sector-specific development strategy, industry is now at a key...

Many of Abu Dhabi’s light and heavy industrial businesses are located in its specialised economic zones (SEZs), which have proven popular because of the range of attractive benefits they offer. Although the benefits may vary from zone to zone, in general they include the possibility of 100% foreign ownership, something not currently possible...