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Al-Badiwy unveils five Gulf industrial projects
This article reviews the efforts of the Gulf Cooperation Council (GCC) countries in strengthening and developing the industrial sector. The region boasts over 22,000 factories and employs 1.7 million workers, contributing approximately 13% to the gross domestic product. It highlights the strategic initiatives such as legislative unification, empowering the national product, and providing up to 20 joint investment opportunities, including five opportunities achieved in the first phase. The aim is to enhance industrial competitiveness and promote integration among member states. The article emphasizes that Gulf countries rank among the top seven Arab countries in the competitive industrial performance index. Events like the "Made in the Gulf" forum and exhibition play a significant role in solidifying the regional leadership's vision to empower industry as a fundamental pillar for diversifying the Gulf economies.
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