The local industrial base has continued to show impressive growth throughout 2011 and into 2012. Supported by hydrocarbons, the Gulf state has embarked on a process of diversification that has seen the establishment of a steady flow of downstream projects.
The Qatari government has set targets for the economic diversification of the country that will rely heavily on the expansion of the industrial and manufacturing base. The first tendrils of this new growth are beginning to emerge, nowhere more clearly than in the nascent plans for an alternative energy cluster. Qatar plans to invest in all stages of...
The Qatari government’s strategy to diversify the country’s economy and industrial base is likely to rise or fall on the back of the investment environment it creates on the ground. While major steps have already been taken in this direction, the government recognises the need to do more to create the incentives that will attract new and dynamic...
With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.
by attracting investment for adequate refining capacity to produce different types of fuel for local consumption and export. The act has therefore thrown open a number of very significant business opportunities.
What are keys to mitigating imported inflation and exchange rate fluctuations?
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