Industry Minister highlights industrial sector’s role in economic development
Manama, Oct. 3 (BNA): Abdulla bin Adel Fakhro, Minister of Industry and Commerce, visited the Craft Boat factory, H Al Dhaen Boat Factory and Araib Factory for Industry in Ma’ameer Industrial Area.
During the visit, the minister was briefed on the factories’ current situation, and reviewed the production processes and services they provide. He noted the support for all industrial activities, particularly high added value industrial, commercial and service projects.
Fakhro highlighted Bahrain’s continuous support to the industrial sector as a key pillar of economic development to provide more quality opportunities for citizens and support the process of construction and development in the Kingdom.
Fakhro also noted the importance of cooperating with various entities to implement the objectives of the Industrial Sector Strategy (2022-2026), which revolves around increasing the contribution of the industrial sector to the GDP, increasing industrial exports of national origin, and providing promising job opportunities for citizens in the industrial sector.
The strategy is based on supporting the sector’s transformation towards the Fourth Industrial Revolution, applying the concept of a circular carbon economy and environmental and social governance, encouraging investment in technological infrastructure, digitising manufacturing, and increasing supply chain efficiency through industrial integration.
Z.H, A.A.M
