Overall investment in manufacturing industries is expected to stabilize in the first half of 2020, compared to 2019, a period during which investment has stagnated.
In its latest survey, the National Institute of Statistics (NIS) revealed that investment is expected to remain stable in the mechanical industries, but is also set to post an increase in the ceramic and glass building materials industry, as well as in the textile and clothing and leather sectors.
For the mechanical engineering industries, investment will remain stable, but is expected to increase in the ceramic and glass building materials industry and in the textile and clothing and leather sectors.
Business leaders were less optimistic about investment in the miscellaneous industries sector, which is expected to decline in the first half of 2020.