Vision & Target
Vision
- Building solid indsutrial foundations to achieve balanced economic growth apart from oil revenues, as a single income source, and substitution of industrial products imports.
- Diversifiying national income sources and increasing the industrial sector’s contribution to gross domestic product.
Target
Based on its pivotal role in the industrial development process, and to achieve the above vision, the Ministry has identified a set of goals to arrive at the promising industrial development, the most important of which are:
- Development and support of industrial ventures in a way that helps diversify national income sources.
- Endeavour to diversify income sources.
- Maximizing value addition of intermediate materials.
- Encouraging private sector to increase its contribution to the industrial development.
- Increasing the manufacturing industries’ sector contribution to Gross Domestic Product GDP.
- Encouraging, support and development of clean and energy intensive industries.
- Strenbthening integration between oil and gas sector and manufacturing sector, and other economic sectors.
- Achieving maximum integration between operating manufacturing projects.
