Professional Documents
Culture Documents
IN
MIDDLE EAST
Presented by
Just & Fair Consultants
Industrial Consultants & Engineers
(A Member Firm of AGN International)
• Given opportunities and emerging economic factors, the Middle East region is being
considered for investment and commerce especially the GCC Countries.
• Although major multinationals are in the region, global midsized companies ($200-
800 million) are expanding in this region.
• Region is currently stable and governments are investing heavily in infrastructure.
• Real Estate has been the driver of growth in the middle east which has resulted in
industrial expansion as well.
• Most governments in GCC and Gulf are keen in developing huge industrial base and
there is clear shift in the policy.
• Petro Dollar surplus and thrust for value addition by using energy resources for down
stream projects would lead to huge industrialization which can sustain the growth for
next two decades.
MIDDLE EAST - ECONOMY
90.00
77.50
80.00
70.59 71.21
P o p u latio n in M ln
70.00
60.00
50.00
40.00
30.00 23.51 24.00
18.70 17.16
20.00
10.00 3.10 3.20 4.50 5.31 3.68
0.66 1.41
-
Population
Countries
Labour Force
GDP & INDUSTRIAL GROWTH IN
MIDDLE EAST REGION
GDP Per capita income Ind. growth
Countries in bln USD in USD rate (%)
Kuwait 130 39,300 1.7%
Bahrain 25 32,100 5.2%
Oman 62 24,000 3.2%
Qatar 58 80,900 8.0%
Saudi
Arabia 565 23,200 2.9%
U.A.E 167 37,300 4.3%
Yemen 52 2,300 3.2%
Egypt 404 5,500 7.5%
Turkey 888 12,900 5.4%
Syria 87 4,500 2.5%
Jordan 28 4,900 7.7%
Lebanon 42 11,300 -
Iran 753 10,600 4.8%
Iraq 102 3,600 7.9%
EASE OF DOING BUSINESS- GLOBAL
RANKING FOR MIDDLE EAST
Ease of Doing Business- Global Rank
160 152
137
140
114
120
98 99 101
100
80
57
60 52
46
37
40
16 18
20
1 2 3
0
CHARACTERISTICS OF MIDDLE EAST
MARKET
• Young societies
• Rapid economic growth
• Continuous inflow of foreign capital
• High standard of living
• Countries competing with each other
• Economic link between Europe and Asia
DRIVING FACTORS FOR
INDUSTRIALIZATION IN M.E.
• Population growth
• Diversification from oil and gas
• Regional growth/Intra Port trade
• World trade organization membership
• Oil and Gas
• Tourism
• Freehold ownership for expatriates
MIDDLE EAST OUTLOOK
• The Middle East countries are going to play the key role in
reconstruction of the current global financial turmoil especially,
the GCC Countries.
• The Industrial Products sector is large and diverse in the Middle
East, but most sector players face similar challenges.
• Increased costs for oil, natural gas, steel, copper and plastics
are squeezing margins, unless offset by pricing and surcharge
increases.
• There is significant pressure as competition increases,
particularly from low-cost manufacturing centers such as China.
KEY SECTORS
Energy &
Power
Building &
Manufacturing,
Construction
Consumer goods,
(including interior
Pharmaceuticals,
furnishings)
Food & Beverages
Petrochemicals in
downstream