What are the drivers of the Heavy Industry Fabrication sector in the Middle East?
Countries in the Arabian Gulf have grown their local Heavy Engineering and Fabrication Industries around local large scale projects in oil and gas and infrastructure. A number of Middle Eastern businesses, particularly in the UAE have also been successful in supplying a variety projects globally. Heat exchangers, piping units, steel structures and topsides fabricated or installed in Jebel Ali are used in projects as far a field as North Sea, Nigeria and Brazil.
Kuwait, Qatar, Saudi Arabia, Bahrain and Oman have their own pools of manufacturing. The level of diversification from oil and gas as well as the level of international trade varies from country to country. Manufacturing pools such as Dubai’s Jebel Ali, industrial cities of Jubail and Yanbu in Saudi Arabia, Ras Laffan and Salwa areas in Qatar are growing in phases and receiving investments in new facilities.
Antti Multanen, head of the Dubai office shares with you some in-sight of regional potential in our latest MIDDLE EAST HEAVY INDUSTRY FABRICATION BRIEF.