Gulf business chambers launch platform to showcase industrial products zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Gulf chambers of commerce have set up a digital platform to showcase industrial products made in the region.
The Federation of the Gulf Cooperation Council Chambers (FGCCC) launched the “Gulf Industrial Platform,” to support regional industry, Al Arabiya reported.
It represents the latest regional move to boost homegrown products as more Gulf states look to substitute imports for locally made goods.
It is part of a plan to establish eight specialized platforms for private sector institutions in the Gulf countries,” said Mohammed Al-Jabri, a founding partner of the platform.
“The Gulf countries own about 18,000 factories with a total investment of $400 billion,” Fawaz Al-Alamy, an expert in international trade, told Al Arabiya.