Industry Turkey explores relocating industries to mitigate quake risk Turkey is reportedly seeking to move industrial zones away from Istanbul to reduce potential economic disruption in the event of a major earthquake. The decision follows growing fears over a quake that could cause severe damage to the city’s population of 16 million and industrial base, the Daily Sabah newspaper reported. A 6.2 magnitude earthquake […] June 12, 2025
Manufacturing Morocco imposes duties on Egyptian PVC imports Morocco has reportedly imposed temporary anti-dumping duties on polyvinyl chloride (PVC) imports from Egypt. The tariffs, which came into effect last week, range between 74.87 percent and 92.19 percent, Morocco World News reported, citing the customs and indirect tax administration. The move follows an investigation launched on November 27, 2024 at the request of SNEP, […] June 9, 2025
Manufacturing Morocco aims to double EV production capacity Morocco aims to increase its electric vehicle (EV) production capacity by more than half by the end of 2025, as part of efforts to promote green mobility and reduce its reliance on fossil fuels. EV production is likely to reach 107,000 by the end of this year, an increase of 53 percent year on year, […] June 6, 2025
Manufacturing UK company to build $200m infant formula factory in Iraq The government-backed Iraq Development Fund and UK company Agrium Capital are planning to establish an infant formula production facility in the country, in a bid to reduce imports. The plant’s production will cover 85 percent of the local market’s needs, with a capital expenditure exceeding $200 million, state-run Iraqi News Agency reported, quoting Rod Bassett, […] June 6, 2025
Manufacturing China to build $1bn lithium battery plant in Oman China-listed Zhongke Electric plans to invest CNY8 billion ($1.1 billion) in a lithium battery material manufacturing facility in Oman, according to a local media report. The plant will be located in the Sohar Port and Freezone and will be built in two phases, according to Yicai Global, the English-language news service of state-backed Shanghai Media Group, citing […] June 6, 2025
Manufacturing Volkswagen explores Egypt as production hub German carmaker Volkswagen AG is reportedly planning to set up a factory in Egypt to expand its presence in the African continent as demand slows in Europe. “We are very interested in Egypt as a production hub,” Volkswagen Group Africa’s managing director, Martina Biene, told Bloomberg. The factory announcement is expected to be made soon, the […] June 4, 2025
