A recent report shows that global value chains are undergoing many fundamental shifts that coincide with the trend towards new business models, focusing on enhancing the added value of products, raising the resilience of value chains, and enabling sustainability targets rather than business models that focus primarily on cost efficiency. According to the report issued by Strategy & Middle East, in light of these new trends and data, the GCC countries will have a promising opportunity to attract the region's global value chains. Relying on their rich assets, foremost of which are the abundance of low-cost clean energy sources, attractive geographical location, and strong industrial and logistical infrastructure, which qualifies the countries of the region to embark on a new phase of economic growth.
Source: (Asharq Al-Awsat Newspaper, Edited)
