Arabal: industrial strategies for competitive production

The Arab International Aluminium Conference (ARABAL 2012), which will be held in Doha from the 20 to the 22  November 2012, aims to highlight the importance of aluminium related manufacturing industries, and to promote these industries and foreign investments in the region's countries.

In this regard, Arabal's organizing committee said that post crisis investment plans focus on all projects that help increase the share of productive sectors in GDP, improve the competitive edge of their products, and cope with the requirements of export markets. They also remarked that recently special attention has been paid by the region's countries to increasing the contribution of the industrial sector in GDP, as the industrial sector is the second most viable sector within the oil and gas rich region. By doing so, they aim at diversifying sources of income, achieving optimal utilization of resources, and maximizing the added value of the region's abundant natural reserves.

The committee added that the trend is now highlighting and promoting the existing attractive investment climate in GCC countries and beyond in the region, particularly in Qatar, which adopts a free economic policy and a legal framework that ensures enough incentives and facilities are offered to investors to help boost the feasibility of their current and future enterprises. Qatar is committed to not imposing any restrictions on foreign capital investment in order to allow completion between foreign and national capitals on and equal footing.

Petrochemical and oil refining industries are leading the way in the GCC's industrial sector, followed by the iron, steel, metal and aluminium industries. All types of primary metal industries have significantly grown to double over the past decade, while the volume of investment has grown several times over the same period.

As the GCC countries are among the world's largest consumers of metal products, such as iron, steel and aluminium, the expected production of aluminium may account for over 15% of the global production until 2020, if the planned aluminium projects are carried out by the GCC countries, particularly in Qatar, the UAE and the KSA. This trend will result in a demand driven shortage that will lead to imports from abroad. This will give the industrial sector additional incentives to expand and to attract more investments in line with local production frameworks, its development and, the requirements of the targeted growth.

Manufacturing industries in the region's countries, in general, and Qatar in particular, are classified asShop Women's Sneakers by Brand