"I would like to thank our partners EBD (Economic Development of Bahrain) and BIIP (Bahrain International Investment Park
) for their support over the last 18 months," he added.
Alzayani, Minister of Industry, Commerce and Tourism has stressed the importance of industrial zones such as BIIP in stimulating increased investment in the country, saying: "When Bahrain International Investment Park
(BIIP) reaches full occupancy, we anticipate that investments by Bahraini and foreign industrial companies will have exceeded $2 billion, creating more than 10000 jobs."
The industrial clusters include the Hidd Industrial Area, Bahrain Investment Wharf (BIW) and Bahrain International Investment Park
He is also the driving force behind the recent decision by Amiantit to locate a new $60 million pipe manufacturing and export facility at Bahrain International Investment Park
(BIIP), as part of the company's global expansion strategy.
Located at The Bahrain International Investment Park
, the BPF is a first-of-its-kind plant that produces expanded (EPS) and Extruded (XPS) polystyrene using the state-of-art technology.
MANAMA: A Bahraini home-grown jewellery brand has invested more than BD8 million ($21.3m) in new manufacturing facilities in Hidd-based Bahrain International Investment Park
(BIIP) in Salman Industrial City, it has emerged.
On this occasion, Undersecretary of Industry Affairs said, "I am delighted when looking for a new production location in the GCC region Bahrain International Investment Park
(BIIP) stood out as your preferred location, based on the quality infrastructure and the competitive advantages Bahrain offers, along with our business friendly environment."
Bahrain Economic Development Board (EDB) chief executive Khalid Al Rumaihi, said: "Ariston Thermo's new plant is a truly welcome addition to the Bahrain International Investment Park
. The plant's opening is a clear indication of the vast potential and advantages that the manufacturing industry in Bahrain provides, and further reinforces the Kingdom's position as the ideal hub to meet growing regional demand."
Starting production in 2018, the Armacell Group, through Armacell Middle East Company will manufacture a comprehensive range of products at the Bahrain International Investment Park
(BIIP), including high-density materials and elastomeric insulation for heating, ventilation and air-conditioning (HVAC) systems.
The announcement followed a ground-breaking ceremony which was held at the Bahrain International Investment Park
(BIIP) where the facility is currently under construction.
German firms BASF and RMA that they were to develop new facilities in the Bahrain International Investment Park
. Imerys operates in 47