Bahrain is partnering with the UAE, Jordan and Egypt for 10 major projects

Bahrain is partnering with the UAE, Jordan and Egypt for 10 major projects

Bahrain is partnering with the UAE, Jordan and Egypt for 10 major projects, with an estimated value of more than $2 billion, that includes promising sectors like the electric car industry and the development of modern technologies in the fields of pharmaceutical industries.

The proposals were made at a meeting of the higher committee of the Industrial Partnership for Sustainable Economic Development in the Jordanian capital Amman.

Industry and Commerce Minister Abdulla bin Adel Fakhro, who attended the ministerial meeting along with counterparts from the three countries, said Bahrain’s accession to the partnership reflects the awareness of the private sector of these opportunities that follow the industrial sector strategy (2022-2026) in achieving industrial integration.

The meeting included the signing of 12 agreements across nine industrial projects. They are expected to create approximately 13,000 job opportunities and boost national GDP in the partnering countries by more than $1.6bn.

Mr Fakhro affirmed the government’s support for the industrial sector, as one of the promising sectors in the economic recovery plan, supporting the goals of comprehensive development under the leadership of His Majesty King Hamad, and the continuous follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.

“Perhaps the opportunities of