Bahrain joins ‘Industrial Partnership for Sustainable Economic Development’

Bahrain joins ‘Industrial Partnership for Sustainable Economic Development’

Bahrain has joined the Industrial Partnership for Sustainable Economic Development in order to boost growth in the industrial sector.

The Kingdom joined the UAE, Egypt, and Jordan at the second higher committee meeting of the industrial partnership in Cairo.

Bahrain, a major producer of raw aluminum and iron ore, will increase the partnership’s total industrial manufacturing value add from $106.26 billion to $112.5 billion. Bahrain boasts a strong industrial sector with more than 9,500 companies and 55,000 employees and $4.3 billion in industrial Foreign Direct investments.

The partnership aims to establish large joint industrial projects, create job opportunities, contribute to increasing economic output, diversify the economies of the partner countries, support industrial production and increase exports.

Dr. Sultan Ahmed Al Jaber

UAE Minister of Industry & Advanced Technology “The vision of President His Highness Sheikh Mohamed bin Zayed Al Nahyan emphasizes the role of cooperation, collaboration, synergies, and integration as key enablers for economic development and growth that support stability and prosperity. We aim to leverage the partnership’s combined strengths, competitive advantages, and capabilities to help build a strong foundation for sustainable economic growth. We welcome Bahrain as a vital and dynamic addition to the partnership. Bahrain’s industrial sector plays a crucial role in sustainable