A titanium production facility valued at upwards of $200 million will be built in Askar cementing Bahrain’s position as an exporting hub for the world.
This follows the signing of a 25-year lease agreement for a 50,000sqm industrial plot, between Edamah, the real estate arm of Bahrain’s sovereign wealth fund Mumtalakat, and Bahrain Titanium, a subsidiary of Switzerland-based Interlink Metals and Chemicals .
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