Brian Cogan, project director at Bahrain’s International Investment Park, points out of his window to highlight construction sites rising from the sand.
In one area there will be a $200m joint venture between China’s Chongqing Polycomp International Corporation and Saudi Arabia’s Abahsain. The groups hope that the finished plant will be exporting 140,000 tons of fibreglass a year. Nearby, German, Australian and Bahraini investors are due to build a 4,000 sq m detergent factory.
The investment park, developed by the kingdom’s ministry of industry and commerce on the edge of a new port, a short drive from the capital Manama’s airport and the causeway linking Bahrain to Saudi Arabia, is an integral part of the country’s efforts to attract foreign investors and create private sector jobs.
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