Industrial Growth Expected to Remain Good Amid Tension in Middle East, an Industrial Info Market Brief

With tension in Iran and an economic downturn in countries like Syria and Yemen, the Middle East's industrial outlook seems to be sluggish as of now. However, countries like Saudi Arabia, United Arab Emirates and Oman are giving a glimmer of hope for a better future with huge investment toward transportation and industrialization in several other sectors. Investment projects will kick off in sectors like data centers, warehousing, transportation and heavy manufacturing in 2020. Industrial Info is tracking 340 such projects worth $20.85 billion in the Middle East. Click here for a list of projects and see graph below for investment by country.