GOIC Organizes Workshop on Industrial Market Intelligence Portal

Doha, February 04 (QNA) - The Gulf Organization for Industrial Consulting (GOIC) organized a workshop on the Industrial Market Intelligence Portal (IMI Plus) in collaboration with Qatar Development Bank (QDB) at GOICs headquarters in Doha, with the participation of QDB employees who got to know more about the Portal and its services. The workshop was delivered by Mohammed Al-Ansari, Director of the Industrial Information Department who introduced the IMI Plus, its advantages and services that benefit investors in the industrial sector, in addition to businessmen, experts, researchers, journalists and others. He also explained how to use the IMI Plus to display and compare foreign trade and socio-economic data, in addition to information and output controls. Al-Ansari said that GOIC succeeded in creating and developing a comprehensive set of databases to reflect the socio-economic environment in GCC countries. Al-Ansari explained that the IMI Plus is a unique regional database that includes four sections: Gulf industries, foreign trade, socio-economic indicators and investment opportunities in the Gulf. It also features several search and query options, in addition to the capacity to print reports. Furthermore, the IMI Plus features information about approximately 16000 factories operating in GCC countries. It is a valuable source of information for investors, industrialists, analysts, experts and researchers who want to carry out informed researches, product market studies and feasibility studies. Based on this database, they can also target new customers, make sound commercial decisions and seek new industrial investment opportunities since it offers an overview on approximately 450 industrial investment opportunities. The IMI Plus offers detailed data about foreign industries and trade, and more than 400 industrial and socio-economic indicators in a matrix for the six member states. It also allows determining the market size for a specific product, identifying commercial exchange between GCC countries and other countries all over the globe or according to country group classification and determining the trade balance between any GCC country and foreign countries. Furthermore, the IMI Plus features data about imports and exports, net imports, design capacities and market size for more than 4000 goods. The Portal also allows users to identify names of factories, the size of their investments and their labor force according to the industrial activities in each country. It also includes information about the distribution of firms within the country according to industrial cities, industrial activities, design capacities of every product and every industrial activity within the country, and determining the evolution of industrial activities and analyzing foreign trade data and other data. The Gulf Organization for Industrial Consulting (GOIC) offers a number of training workshops to concerned parties according their needs in various fields through its Training and Capacity Development Program (TCD). GOIC aims at improving individual and organizational capacities in the industrial sector in GCC countries and Yemen. The Doha-based GOIC is a regional organization that brings together the United Arab Emirates, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the Sultanate of Oman, the State of Qatar, the State of Kuwait and the Republic of Yemen. It is an advisory knowledge-based institution aiming at developing regional industries by providing data, information, specialized researches, consultations and technical services for the public and private sectors in GCC countries. This organization is the top industrial consultations expertise hub boosting industrial development in GCC countries and Yemen. It seeks industrial integration and coordination between Member States and endeavors to shape a regional industrial policy. (END)