How to transition your supply chain out of China?
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Tunisia
UAE
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Turkey
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Morocco
Overview
The Middle East and Africa Factory Automation and Industrial Controls Market is expected to register a CAGR of approximately 6.8% during the forecast period (2021 - 2026). North Africa has been steadily growing as a manufacturing region and offers great opportunities.
Trends
Gulf countries particularly the UAE and Saudi Arabia are seeing a construction boom and are investing in technology.
Political stability in North Africa continues to improve.
MENA continues to diversify production to other sectors outside of oil and gas.
Several large businesses in the automotive, aerospace, electronics, and textile sectors have opened factories, or are seeking new suppliers, in North Africa.
Benefits
Highly skilled engineering workforce
Oil and gas production infrastructure
Lower labor costs than Europe
High availability of raw materials and natural resources
Many free trade agreements
Infrastructure improvements and technological advantages
Risks
Geopolitical issues
Slower innovation than China
Only specialized products
Corruption and bureaucratic issues in some countries
Textiles
Oil & Gas
Fruits & Dry Fruits
Gems & Precious Stones
Building Materials