Bahrain Joins Industrial Partnership for Sustainable Economic Development

Bahrain Joins Industrial Partnership for Sustainable Economic Development

The second Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development kicked off in Cairo on Monday.

The committee, which includes Egypt the United Arab Emirates and Jordan, announced and welcomed Bahrain as a new member, represented by Minister of Industry and Commerce Zayed bin Rashid al-Zayani.

Egyptian Minister of Commerce and Industry Nevine Gamea, UAE Minister of Industry and Advanced Technology Sultan bin Ahmed al-Jaber and Jordan's Minister of Industry, Trade and Supply Yousef al-Shamali co-chaired the meeting.

The committee shortlisted 12 projects worth $3.4 billion to move into feasibility studies.

The event was a continuation of the executive committee meetings held over the past two days and a culmination of weeks’ long sectoral workshops of experts in the fields of pharmaceuticals, agriculture, fertilizers and food.

The Executive Committee received 87 industrial project proposals focused on fertilizers, agriculture and food.

In the next phase, the Partnership will focus on the metals, chemicals, plastics, textiles and clothing sectors.

The Committee held its first meeting in early June and discussed mechanisms for expanding the partnership by welcoming new members.

It tackled accelerating the pace of economically feasible opportunities under the umbrella of the industrial sector in the participating countries.

The meeting also focused on the importance of the