Rising domestic and international demand is driving new investment in Indonesia’s automotive industry, with increases in both manufacturing and materials capacity to boost the sector’s growth prospects.
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Efforts to encourage greater private sector participation have coincided with strong growth in Saudi Arabia’s mining sector, a key part of the country’s diversification strategy and a prominent driver of broader economic expansion.
Interviews & Viewpoints | Chey Scovell, CEO, Manufacturers Council of Papua New Guinea: Interview from The Report: Papua New Guinea 2018
How would you assess government attempts to provide greater incentives for domestic industry?
Articles & Analysis | PNG government takes steps to bring industrial parks on-line from The Report: Papua New Guinea 2018
The development of special economic zones (SEZs) in Papua New Guinea has been a topic of discussion and debate for quite some time, with critics voicing concerns over the planning and implementation of projects in the pipeline. However, large-scale industrial parks remain a priority for the country as they offer a boost to manufacturing and...
Articles & Analysis | Global economies prepare for opportunities and challenges of the next industrial revolution from The Report: Papua New Guinea 2018
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
Articles & Analysis | PNG government investment supports local industry from The Report: Papua New Guinea 2018
Industry has emerged as one of the bright spots in Papua New Guinea’s economy in recent years, providing a buffer against downturns in the commodity cycle. As natural gas prices fell and related businesses struggled, manufacturing held its own. The weak currency and the lack of foreign exchange that accompanied the downturn may have actually...