Economy News

GCC industrial investment reaches USD 426bn across nearly 22,000 factories

The GCC has built an industrial investment base worth USD 426 billion across nearly 22,000 factories, according to data from the Statistical Centre for the Co-operation Council for the Arab States of the Gulf (GCC-Stat).

Manufacturing accounted for approximately 13% of the bloc’s gross domestic product in 2025, underlining the sector’s role in economic diversification and non-oil growth. About 40% of industrial investment is concentrated in five key industries: plastics, refined petroleum products, aluminium, gaseous fuels, and iron and steel.

The sector employs more than 1.7 million people as of July 2026. Industrial products make up roughly 69% of total GCC exports, led by petroleum gases, petroleum oils, motor vehicles and aluminium.

China is the region’s largest source of imports, supplying around 20% of GCC imports, mainly equipment, machinery and motor vehicles.

Gulf Economist Staff Writer