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Infrastructure Investments, Economic Diversification, and Shift toward Regional Manufacturing to Galvanize Gulf Cooperation Council (GCC) Commercial Vehicle (CV) Market

Summary by frost.com
Establishing a stronger domestic production base could not only reduce dependence on imports but also position the GCC as a regional export hub. By Gnanaprakash Shanmugam, Industry Analyst – Mobility The Gulf Cooperation Council (GCC) commercial vehicle (CV) market has witnessed steady growth in recent years, driven primarily by rising demand for light commercial vehicles (LCVs) and the increasing need for medium commercial vehicles (MCVs) and h…
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frost.com broke the news in on Tuesday, April 8, 2025.
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