Bridging Borders: Middle East Manufacturing's Global Impact

The Middle East manufacturing sector is growing rapidly driven by government initiatives, economic diversification and investments. The region’s strategic location between Asia, Europe and Africa has made it an industrialization hub. Countries are moving away from oil revenues and towards diversifying their economy through manufacturing in petrochemicals, automotive, building materials, food processing and pharmaceuticals.
Market growth is driven by national plans and visions to develop local industries. For example, Saudi Vision 2030 and the UAE’s Operation 300bn are looking to increase manufacturing and raise industrial contribution to GDP. Industrialization will drive growth rates annually with estimates showing strong compound annual growth rate (CAGR) in several manufacturing sectors.