Bahrain's credentials as world-class industrial hub to come under spotlight in Gulf Industry Fair 2013
- Bahrain: Tuesday, January 15 - 2013 at 09:35
- PRESS RELEASE
Bahrain's credentials as a world-class industrial hub will come under the spotlight in Manama as the Northern Gulf's leading annual business-to-business industrial trade exhibition is staged for the sixth consecutive year.
According to organisers Hilal Conferences & Exhibitions (HCE), the Fair provides the ideal networking opportunity for specialist industrial product and service providers, distributors and agencies - representing the aluminium, energy and environmental protection, steel and alloys, industrial processes and manufacturing, ports, logistics and free zones, training and security and safety segments.
The non-oil industrial sector is a key contributor to Bahrain's economy, already one of the region's most diversified. The Kingdom is home to world-scale, export-orientated primary industries which have been flying the flag for the country internationally for decades.
One legacy of Bahrain's rich primary industrial heritage is the presence of a thriving community of secondary manufacturing facilities and specialist products and service suppliers. Consequently, Bahrain's industrial spaces have experienced a cluster effect as companies at different stages of the supply chain draw on mutual synergies.
Underpinning the Kingdom's ability to attract inward investment and position itself as a regional gateway is its 'business friendly' corporate tax and regulatory environment, as well as the government's commitment to developing key transport and logistics networks to ensure the smooth and seamless flow of goods into and out of the country.
Bahrain is (with Oman) also one of only two GCC countries to have signed a free trade agreement (FTA) with the US. Meanwhile, it is also ranked the Middle East's freest economy, and 12th freest in the world, in the latest Index of Economic Freedom published by the US Heritage Foundation.
Bahrain's collective industrial might will be on display at Gulf Industry Fair this week. In addition to the high-level presence afforded by Aluminium Bahrain ¨C one of the world's largest aluminium smelters ¨C and Bahrain Petroleum Company (Bapco) ¨C a leading integrated energy company ¨C the show will demonstrate the capabilities of several established service-related companies.
These include A A Bin Hindi, a trading group; Ahmed Mansoor Al A'ali Group, a specialist engineering company ,active in contracting, manufacturing, real estate and trading; Al Thawadi Electrical & Mechanical; Midal Cables Ltd (Aluwheel), which manufactures aluminium rods and electrical conductors; Ameeri Industries, involved in manufacturing, electrical contracting and trading services; Arabian International Mechanical Contracting Est; ASRY, one of the region's biggest ship building and repair yards; Bahrain Alloys Manufacturing Co; Bahrain Foam Factory; Bahrain Ship-Repairing & Engineering Company (BASREC), a leading ship repair and conversion facility provider to the Middle East marine and offshore engineering sector; Bahrain Aluminium Extrusion Company (BALEXCO), the Gulf's first aluminium extrusion plant; Bahrain National Holding BSC, a Bahraini insurance group offering insurance and risk management solutions; BRC WELDMESH (GULF), which provides concrete reinforcement solutions; Bukhari Salam Technologies, which specializes in vehicle fleet management systems; Falcon Trading Company, which stocks more than 25,000 industrial tools and accessories from around the world; Gulf Aluminium Rolling Mill Co. (GARMCO), which supplies both standard and non-standard cut-to-length aluminum sheets, coils and circles; industrial products supplier Kavalani & Sons; Metals of Bahrain (MEBA), which produces engineered ferrous and non©\ ferrous castings and components; Mohammed Jalal & Sons, which has interests in construction, engineering and trading; Nass Corporation, an industrial conglomerate and construction powerhouse; and ScanTech International, which builds storage tanks in carbon steel, stainless steel and other process equipment used in industries such as food and beverage, pharmaceuticals and petrochemicals; and Zayani Polymer Factory, which supplies environmentally-friendly products for packaging, agricultural and construction industries.
These companies boast world class projects and products under their belt supplying countries with developed economies such as the USA and Canada to the BRIC countries and developing new links in Africa and the Far East.
¡°Gulf Industry Fair is not a local show, but a local showcase for leading companies trading in the global economy," says Jubran Abdulrahman, Managing Director of HCE "many of them use the Fair to invite their international client base to get a feel of their latest projects and capabilities. Last year for example the Panamanian Minister of Commerce came to visit a major investor in his country who was exhibiting at the Fair. We were all proud that this company was Bahraini."
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