Is the Middle East poised to become a manufacturing hub due to the energy transition?

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Written By Jennifer Joslyn

💰 Is the Middle East poised to become a manufacturing hub due to the energy transition?

A report by PwC-owned Stretegy& suggests that the Gulf Cooperation Council (GCC) countries could become manufacturing hubs and attract $300 billion in foreign direct investment (FDI) by leveraging their ambitious plans for green energy. The report highlights cheap energy and expanding renewable energy generation in countries like Saudi Arabia and the UAE as key factors in transforming the Middle East into a manufacturing hub.

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Is the Middle East poised to become a manufacturing hub due to the energy transition?
Is the Middle East poised to become a manufacturing hub due to the energy transition?

A report by PwC-owned Stretegy& suggests that the Gulf Cooperation Council (GCC) countries could become manufacturing hubs and attract $300 billion in foreign direct investment (FDI) by leveraging their ambitious plans for green energy.

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Jennifer Joslyn
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