The Arab Financial Fund (AMF) ranked Morocco fifth by way of the development sector’s contribution to GDP with greater than 80.5 billion dirhams (MMDH), confirming the nice restoration of the sector after two years of struggling as a result of pandemic. disaster.

Thus, the Arab Financial Fund confirmed that the development sector of the Arab international locations has recovered from the results of the pandemic disaster, explaining that the contribution of this sector to the GDP for 2021 was roughly 186.8 billion {dollars}, in comparison with 178.3 billion {dollars} in 2020. , which is a rise of 4.7%.

Based on the FMA report, Saudi Arabia and the United Arab Emirates recorded the very best stage of building sector contribution to their international locations’ GDP at round $45.5 billion and $36.8 billion, respectively.

As for Egypt, the FMA ranked it third with roughly $27.3 billion, adopted by Qatar with $24.1 billion, then Morocco with $7.7 billion, or greater than Dh80.5 billion, and the Sultanate of Oman . from $6.4 billion, highlighting that in Iraq, Kuwait, Bahrain, Sudan, Libya and Jordan, the sector’s income vary from $1 billion to $6 billion, whereas in different Arab international locations it generated slightly below a billion {dollars}. GDP

The report additional states that final 12 months, the cement business in Arab international locations grew by 7% in comparison with 2020 figures. Cement manufacturing reached about 231.9 million tons, or 53.4% ​​of the entire design capability of cement factories in Arab international locations. . Home cement manufacturing, for its half, accounted for about 98.3% of whole consumption in 2021, with cement demand rising by about 6.7% in the identical 12 months.

Furthermore, the evaluation of the regional group confirmed that the projected manufacturing capability of cement and grinding crops and factories in Arab international locations elevated from roughly 416.1 million tons to 434.5 million tons between 2018 and 2021.

As for the metal business, the sector witnessed vital progress in 2021, reaching round 32.6 million tonnes in comparison with round 29.2 million tonnes in 2020, with a progress fee of round 11.7%, which is nice an indicator of financial restoration after all of the unfavorable penalties of the pandemic. Furthermore,Arab demographics confirmed that the share of iron and metal manufacturing per capita rose to about 73.9 kg per capita final 12 months, in comparison with a mean of 67.3 kg per capita in 2020.

Nevertheless, the FMA famous in its report that the manufacturing of iron and metal within the Arab international locations covers solely 56% of the entire home consumption, which opens the door to many promising funding alternatives within the mining of iron and metal, iron ore or smelting of scrap steel and within the manufacturing of iron merchandise.

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