Special Report, Politics, Americas

[Ythukdi]

According to an IMF report, Kuwait is well on its way to growth with acceleration from 2.8% in 2013 to 3.5% in 2014 and an estimated 4.5 to 5% in 2015. Due to increased oil production, the overall growth is expected to remain stable and government expenditure in infrastructure, oil and private expenditure is expected to grow. A Kuwait industry analysis will showcase that while the country is struggling with an increase in the prices of land, electricity and transport, the government is making efforts for diversification of the economy. With a law they passed in 2013 to promote Foreign Direct Investment (FDI) in the country, Kuwait is definitely a country to consider for investment. Saudi Arabia, as a result of government spending and increasing private sector activity, is expected to continue growing at 4% says an IMF Report. The above Saudi Arabia industry analysis paints a positive picture for FDI. Though IMF had predicted a growth rate north of 4% for UAE, the recent decline in oil prices has led to them reducing their estimates to 3.5%. Two industries which are facing a particular boom in the country are real estate and aluminium manufacturing. With their economic strategy for enhancing development and competition, UAE is soon becoming a power to be reckoned with. How can a GCC Industry Analysis help? While choosing a country for market-entry, it is extremely important to understand what you are getting into. It is no longer the economics which make or break the decision to expand to a country. It goes beyond money. As a company, you need to understand consumer behaviour, market players, logistics, etc. so as to make an informed decision. Hire an industry analyst with experience in GCC industry analysis to gain powerful insights.




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