Glenco
Senior Member
I find it particularly intriguing to observe the shifting nature of the funded major projects. By examining the same data, we can identify a significant change starting around 2015-2016. There is a noticeable decrease in funding for oil and gas projects, accompanied by a corresponding rise in industrial projects (Figure 4). It will be interesting to determine whether this shift represents a temporary surge of investment aimed at capitalizing on lower feedstock costs or a more enduring trend towards increased investment in value-added industrial manufacturing.
Bolding mine
Bolding mine