ocr: Strengths Large manufacturing base. Strong chemical and petrochemical industries. Electrical engineenng sector, textiles and wood processing industries. Highly skailled labor force. T'ourism an important foreign currency eamer. Wealesses Lacks natural resources. Reliant on importedi raw matenas,particulary oil and gas. High levels of subsidies to state-owned industry. Weak and overregulated banlng system. Profile Austria's industrial and high-tech sector is highly developed and contributes around 25% to GDP.Some services, notably tourism, are highly sophisticated and protitable. However, the A ...
