Bahrain’s Ministry of Industry and Commerce has signed a letter of intent with India-based PG Foils Limited for the establishment of a downstream aluminium manufacturing facility focused on electric vehicle (EV) battery foil and pharmaceutical foil production in the kingdom.

The letter of intent was inked by Industry and Commerce Minister Abdullah bin Adel Fakhro and PG Foils Joint Managing Director Sahil Shah during the fourth edition of the Gateway Gulf expo which opened today (November 1) in capital Manama.

Hosted by the Bahrain Economic Development Board (EDB), the two-day event is being held at the Four Seasons Hotel Bahrain Bay under the theme “Reimagining Global Partnerships, Powering Sustainable Growth”.

The proposed facility is expected to support the expansion of Bahrain’s manufacturing capabilities and strengthen its industrial base by attracting international investment and developing new downstream aluminium activities, it added.-TradeArabia News Service