Manama:The Ministry of Industry and Commerce has signed a letter of intent with PG Foils Ltd to establish a downstream aluminium facility in Bahrain. This development took place during the fourth edition of Gateway Gulf, held on November 1-2, 2026, at the Four Seasons Hotel Bahrain Bay. The event was organized by the Bahrain Economic Development Board under the theme "Reimagining Global Partnerships, Powering Sustainable Growth."
According to Bahrain News Agency, the letter of intent was signed by Abdullah bin Adel Fakhro, Minister of Industry and Commerce, and Sahil Shah, Joint Managing Director of PG Foils Ltd. The agreement outlines the company's plans to focus on producing aluminium foil for electric vehicle batteries and pharmaceutical applications.
The signing represents a significant step towards bolstering Bahrain's manufacturing sector and expanding its industrial capabilities. By attracting investments from international manufacturers and fostering the development of new industrial activities, Bahrain aims to create a more diversified and competitive industrial sector, thus reinforcing its status as an attractive destination for investment.