Investing in an aluminum doors and windows factory in Yemen represents a significant investment opportunity in 2022, particularly in light of Yemen’s Vision 2030, which aims to advance the national economy, enhance the foundations of economic stability, and strive to occupy a prominent position among global economies.
What is an aluminum doors and windows factory project?
It has been observed that the demand for aluminum doors and windows has increased relatively recently. Due to its attractive appearance, And its bright, fixed colors, Easy to clean and maintain. What makes the aluminum doors and windows factory one of the promising projects in Yemen at the present time.
In 2019, the global aluminum market size reached About 164.23 billion US dollars. The volume is expected to reach Global aluminum market To US$242.44 billion by 2027. And so it is The global aluminum market is expected to register a CAGR of 5.7% during the forecast period.
Yemen is undoubtedly one of the best countries in which to implement the project, given the increasing demand for the project’s products. If we look at Yemen’s imports of aluminum and its products over the past years, we will notice an increase in demand year after year.
In 2020, Yemen’s imports of aluminum and its products were estimated at approximately US$96.9 million. This figure rose to US$115.9 million in 2021 and is expected to exceed US$220 million by 2027.
For more details on the latest economic indicators and investment opportunities in Yemen, as well as the most prominent funding agencies supporting successful investment projects in the country, you can contact the investor services team at Mashroo3k Consulting.