Industry Strategy 2022–2026 Outcomes and Opportunities
The article discusses Bahrain's strategy to strengthen the industrial sector in line with the 2022-2026 plan. The data show that the kingdom has made significant progress in increasing the contribution of industry to the gross domestic product (GDP) to 2.5 billion Bahraini dinars (6.6 billion dollars) by 2026. Additionally, the share of national industrial exports is expected to rise to 80% of the total, while the percentage of Bahrainis working in the sector will increase to 25.3%. The strategy focuses on developing industrial zones, stimulating investments in manufacturing industries, aluminum, food, pharmaceuticals, renewable energy, and digital industries. Furthermore, forecasts indicate growth opportunities in Gulf markets, India, and East Africa, emphasizing the importance of high-value manufacturing such as smart industries, aluminum-related industries, and pharmaceuticals to enhance competitiveness and innovation within Bahrain's industrial sector.
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