Thursday 11 November 2010

gulfnews : Sharjah's industries show staying power

Companies invested Dh8 billion and inducted 82,000 skilled workers into the manufacturing industry this year, according to the Sharjah Chamber of Commerce and Industry (SCCI).

About one-third of the UAE's manufacturing industry is based in Sharjah, whose total production value reached Dh19 billion last year.

"The crisis showed us that manufacturing is the best, strongest and most sustainable option for the development of nations," said Hussain Mohammad Al Mahmoudi, Director-General of SCCI in a press conference yesterday. There are 1,450 manufacturing plants in Sharjah where small and medium enterprises make up 80 per cent of businesses. Most are involved in the manufacturing of mineral products, equipment and machinery (27 per cent). chemicals, plastic and oil-related products make up 18 per cent, wood products (15 per cent), non-mineral products (nine per cent), paper and printing (nine per cent), clothing (eight per cent), food and drinks (six per cent) and re-manufacturing (six per cent), according to Al Mahmoudi.

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