Diversified Industrial Base
This will result in the following:
• Less dependency on oil as a major source of income.
• A greater emphasis on manufacturing.
• An aluminium smelter and an array of aluminium conversion industries.
• The emergence of other sectors (petrochemicals, iron and steel engineering, services, and small and medium enterprises [SMEs]).
Active Participation from the Private Sector
This will result in the following:
• Increased private sector participation in industrial activities.
• Greater participation in the decision-making process.
• A well-established legal and financial mechanism, and a suitable environment for investors.
• Greater transparency throughout the legal process and adherence to the rule of law.
Targeted Sectors
• Aluminium | • Building materials |
• Petrochemicals and plastics | • Industrial services and support |
• Engineering | • Knowledge-based industries |
• Pharmaceuticals | • Garments and textiles |
• Food processing | |
• Fibreglass |