Low oil price, high per capita income and the rise in population to man various developmental projects are driving demand for automotives in the GCC. The import of cars are on the rise in the GCC. Gulf Organization for Industrial Consulting (GOIC) have studied the scenario of import of auto mobiles and the capability of the existing automotive component manufactures with a view to identifying potential opportunities in setting up a Car assembly plant in the GCC region. The study has identified exciting opportunities in the automotive sector.
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