Through the integrated industrial partnership for sustainable economic development, Egypt, the UAE, Jordan and Bahrain have pledged to transform challenges into competitive opportunities.
The integrated industrial partnership signed between Egypt, the UAE and Jordan, and Bahrain joined it; It represents a basic pillar to achieve the desired industrial integration by securing supply chains, achieving self-sufficiency, localizing industry and integrating value chains, to reach integrated industries with added value, and achieve sustainable economic development, which contribute to creating more job opportunities.
This partnership will also contribute to expanding the scope of economic cooperation and maximizing the benefit from the industrial potentials of the four countries.
Enhancing food and drug security
The integrated industrial partnership will enable the four countries to enhance food and drug security in a manner that ensures the sustainability of the provision of goods and prevents any interruptions or imbalances and the resulting price distortions, and even stimulates growth and economic diversification, reduces import costs and facilitates finding alternative sources of goods.
Within the list of opportunities at the level of the integrated value chain, the four countries have important advantages in the field of agriculture, food and fertilizers, where they can benefit from available agricultural land, primary and agricultural raw materials, basic materials for fertilizers and food processing plants.
In addition to innovative solutions to expand the production of agricultural products and processed foods – in terms of grain production, animal production, processed food production, fertilizer production, food packaging, and agricultural applications “gear films, and agricultural films”.
The list of available opportunities at the level of the integrated value chain includes mineral rocks, sulfur, ammonia, potash and phosphates, expansion in fertilizer production, expansion in grain production, expansion in livestock production and aquaculture, and expansion in food processing activities by utilizing raw materials. Domestic, food packaging and packaging Expansion of food packaging activities by making use of plastic raw materials.
According to the partnership between these countries, chemical inputs, manufacturing capabilities, modern logistics, skilled labor and access to the global market can be used to expand the production of alternative medicines and active ingredients – fillers and medical supplies, in terms of producing alternative medicines, packaging medical supplies, manufacturing active ingredients for medicines API – Filling materials, medical supplies.
In addition to packing and packaging medical materials, making use of plastic raw materials in packing medical materials, benefiting from polyethylene and polypropylene and experiences in the field of pharmaceutical industries with the importance of expanding the manufacture of alternative medicines in Egypt, Jordan and the Emirates of Bahrain, and expanding the activities of packing and packaging medical materials by taking advantage of of plastic material.
Unique advantages in the Quadruple Partnership countries
The contribution of the industrial sector to the total GDP of Egypt, the UAE and Jordan is; 30% of the contribution of the industrial sector in the Middle East and North Africa.
In 2019, the total value of its industrial exports reached 65 billion dollars, while the total population of these countries is 122 million people, representing 27% of the population of the Middle East and North Africa region, including 49% of young people under the age of 24 years, and the investment value reached Foreign direct in the UAE, Egypt and Jordan reached 151 billion dollars during the period 2016-2020.
The total value of exports to the countries of the world from these countries amounted to 433 billion dollars as in 2019, and the value of imports amounted to approximately 399 billion dollars, initiatives and strategies supportive of the industrial sector, an advanced infrastructure in the field of services, transportation, shipping, availability of raw materials and expertise, capital, and industrial zones, under laws and legislation that support local and foreign investments.
The accession of Bahrain, which has a gross domestic product of $39 billion, will constitute a positive addition to the partnership, as it is expected to increase the GDP of the partnership countries to $809 billion, and to increase opportunities for the food and agricultural sector by $1.7 billion, $4 billion in mineral products, and 1.7 billion dollars. $1 billion in chemicals and plastics, $0.5 billion in medical products, and $2.36 billion in raw aluminum exports.
Bahrain’s accession will increase the partnership’s contribution to the industrial value added of the Middle East from $106.26 billion to $112.56 billion, which represents 30% of the industrial value added in the Middle East. Bahrain will add $2.3 billion of the value of iron ores that can be used in development The industrial sector in the four countries, Bahrain has a strong industrial sector with more than 9,500 industrial companies, 55,000 employees in the industry and $ 4.3 billion in FDI specific to the industrial sector.
Bahrain exports mineral products worth $4 billion annually, and full foreign ownership is allowed in the industrial sector. Bahrain is an ideal center for operations in the Arabian Gulf region. Mina Salman, which is located in Manama, is characterized by its high-level loading, shipping, export and import operations, in addition to operations Air logistics in the field of storage, shipping and available spaces.
