CONCLUSIONS

Over the last two years strong levels of investment and cable demand have not only been maintained but have grown further in many parts of MENA. This has led to a strong increase in cross-border cable industry activity, both by groups based within MENA and by some from outside the region. Production capacity within the region has been expanded but imports into some MENA countries have continued to grow. The financial crisis that is affecting many other parts of the world should have little impact on most countries within MENA. The outlook for the region remains positive, even if the rate of growth in demand for wire and cable moderates from its recent very high level.