DED releases report on reality and prospects of aluminium industry in Abu Dhabi
The Emirate of Abu Dhabi move towards the aluminum industry was backed by favorable factors as the Emirate enjoys a competitive advantage in this industry at the global level, according to an official economic report.
''Abu Dhabi maintains great potential for growth, consistent with the development agenda of the Emirate, the "Economic Vision 2030" views metal industries, including aluminum, as the engines of future economic growth, which would spur achieving the objectives of the emirate regarding economic diversification. Therefore, the quest of Abu Dhabi for the aluminum industry is a strategic choice towards economic diversification, as the aluminium industry forms the basis for a spectrum of locally, regionally and internationally intermediate and final industries,'' said a report issued by the Abu Dhabi Department of Economic Development on the reality and prospects of aluminium industry in the emirate.
Moreover, the aluminium industry is deeply interdependent with important economic sectors such as construction, transport and communications, etc This report aims to shed light on the reality and prospects of growth for the aluminum industry in the Emirate of Abu Dhabi, in view ongoing global and regional developments in the aluminum industry in recent years. The report runs in into four parts; the first part reviews the reality of the aluminum industry at the global level, while the second part focuses on the aluminum industry in the Gulf Region. The third part examines the reality of the industry in the Emirate of Abu Dhabi and the future prospects for development. Part four of the report winds up with summary and recommendations.
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