Industry Trend Analysis - Autos Investment Round-Up: GCC States Expand Capabilities - OCT 2017
BMI View: The GCC will continue to see more production investment as governments in the region look to diversify into manufacturing. North Africa continues to see the most investment activity as Morocco ' s supply chain looks to keep pace with vehicle production.
The value of investment in the Middle East and North Africa (MENA) region in this latest round-up is quite small compared with other regions, at just USD132.2mn for those projects with a value reported. However, the projects carry significance, such as the growth of manufacturing in the markets of the Gulf Co-operation Council (GCC) and the return of investment in Egypt.
Growth Of GCC Manufacturing