Wednesday 11 December 2013

GCC total industrial investments up | GulfNews.com

GCC total industrial investments up | GulfNews.com:

"The number of companies in the six-member Gulf Cooperation Council (GCC) jumped from 7,089 in 1998 to 15,165 in 2012, while the number of industrial workers increased from 559,420 to 1.34 million, and the total value of industrial investments from $81 billion (Dh297.91 billion) to $338 billion during the same period, according to the Gulf Organization for Industrial Consulting (GOIC).
Most of these investments were in sectors of chemical industries, oil refining, base metals, construction metals, building materials and food industries, GOIC said during the ‘Conference on the Reality and Prospects of UAE National Industrial Sector’ which began on Sunday at Expo Centre Sharjah under the patronage of His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.
The conference is aimed at promoting Emirati high quality industries, both regionally and internationally, as well as discussing ways of developing and diversifying them."

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