Global Arab Network | Bahrain hub for major bitumen project

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Bahrain hub for major bitumen project

Global Arab Network - - Gamal Ragay

Tuesday, 30 August 2011 00:36

http://www.english.globalarabnetwork.com/images/stories/2011/APR/Oman_Bitumen_jetty_on_anvil_at_Port_of_Sohar.jpg

Global Arab Network - A major regional petroleum and chemicals products company has selected Bahrain as the headquarters for its new ‘Pörner Bitumen Packing System’ project in the Middle East and North Africa region.

MENA Energy DMCC has chosen the Bahrain Logistics Zone (BLZ) as the base for its project, with a view to gaining access from Bahrain to Africa, India and Asia.

The project is also expected to create around 40 new job opportunities in the Kingdom, as well as potentially increasing cargo and load movements at the Khalifa bin Salman Port.

It has the potential to be a key customer for Bahrain Petroleum Company (BAPCO), which has a strong working relationship with MENA Energy DMCC, as it will allow the development of a more efficient bitumen production and transportation system.

Bahrain Economic Development Board (EDB) Chief Executive Sheikh Mohammed bin Essa Al-Khalifa said the EDB’s support for the establishment of the new project by MENA Energy DMCC in Bahrain is part of an overall strategy to drive forward the role of the private sector as an engine for growth for the economy.

“However, it also demonstrates the benefits of doing business in Bahrain with an established infrastructure offering access to the trillion dollar Gulf market and other international locations as well as wide-ranging commercial and operational benefits,” he said.

Global Arab Network

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