The Ministry of Industry and Commerce signed an agreement to lease a 107,000 sqm industrial plot in Salman Industrial City for Bahrain Sugar Refinery LLC, one of the industries that support the objectives of the industrial sector strategy (2022-2026), as the Bahrain Sugar Refinery is a key pillar of the food industry in the region and is expected to increase exports and contribution of the industrial sector to the GDP, in addition to Creating promising job opportunities for citizens.

On this occasion, His Excellency Dr. Khalid Fahad Al-Alawi, Assistant Undersecretary for Industrial Development at the Ministry of Industry and Commerce, noted that the economic recovery plan includes the development of promising sectors, as the Ministry of Industry and Commerce proposed comprehensive economic development initiatives to implement the vision of HM King Hamad bin Isa Al Khalifa, adding that the Bahraini Government, led by HRH  Prince Salman bin Hamad Al Khalifa Crown Prince and Prime Minister, is keen on supporting the industrial sector, which contributes to creating qualitative opportunities for citizens, and this is what the industrial sector strategy (2022-2026) seeks to achieve.

 Bahrain Sugar Refinery LLC acquired the sugar factory after bidding it in a public auction for US$ 21.2 M, and it is expected to start operating during the first quarter of next year with a production capacity of about 600,000 metric tons per year for sugar, 7,600 metric tons per year for molasses, and 10,000 metric tons per year for yeast. The company also stated a plan invest approximately BD 70 M to operate and expand the factory in the future by establishing new production lines within integrated industrial zones, the factory will create over 200 job opportunities.