Activities are beginning to pick up. Manufacturing has been the weakest part of the economy. The rest of the economy may be even stronger.

We've seen data from various sectors showing the economy is beginning to stabilize. Not only employment, but the manufacturing sector as well. And holiday retail sales, consumption and housing look OK. So, we have all these powerful stimulants that are going to contribute to growth as 2002 unfolds.

Trade is a drag (on growth) and that tends to hit manufacturing harder than the rest of the economy.

We believe manufacturing should play a role in our economy. We don't believe Dubai should depend only on services.

With WIRED, the Triad will continue to transform its economy from legacy (manufacturing) to new, cutting-edge industries that require a diverse and adaptable work force. This is not just a three-year process, but only the beginning of a journey for competing in the global economy.

Alleviating the plight of manufacturing, and countering the downward pressures on the economy, are now key priorities.