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.
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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.
Economic update | Oman: Linking up the food chain
13 Jun 2013
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.
Projects aimed at expanding the metals and petrochemicals segments are underway, with the current aluminium production of 2m tonnes set to increase to 10m tonnes by 2020 and plans from the Gulf Petrochemicals Industries Company to triple output of ammonia related products. There has also been a drive to create favourable conditions for foreign investment, including numerous business parks and...
Bahrain has remained largely insulated from international external risks and has weathered the global economic shocks of the recent past relatively well. At the height of the international financial downturn, for example, the kingdom avoided falling into recession and even achieved real GDP growth of more than 6% in 2008 and over 3% in 2009.
Interviews & Viewpoints | OBG talks to Mehmet Büyükekfli, Chairman, Turkish Exporters’ Assembly from The Report: Turkey 2013
How was the government’s 2023 export strategy formulated, and what would you say to those who argue that its targets are unrealistic?