Efforts are underway to enhance the competitiveness of local industries and make them the preferred choice, both domestically and internationally, it has been revealed.
Industry and Commerce Minister Abdulla bin Adel Fakhro said the government was committed to providing privileges, incentives and targeted support to help national industries thrive and expand their market presence globally.
His remarks came in a written response to a query from Parliament’s financial and economic affairs committee chairman MP Ahmed Al Salloom, regarding measures to support Bahraini industries.
Mr Fakhro, who will be present to reply to further queries from the MP during the weekly session on Tuesday, emphasised that the current policies, aiming to empower local industries, will be further elevated to ensure more growth and visibility for Bahrain-made products.
“We aim to provide financial incentives, subsidies and benefits to help local industries reduce costs and compete more effectively with international players,” said Mr Fakhro.
“Technical assistance and training programmes will also be offered to ensure that local products meet global standards, making them more attractive in export markets.
“We will launch marketing campaigns and participate in international trade fairs to showcase Bahrain’s industrial capabilities and create demand for local goods.
“We have already introduced the ‘Made in Bahrain’ stamps for every product manufactured in the country.”
Mr Fakhro added that the government was supporting investment in research and development to encourage innovation within industries and improve production efficiency.
“This comes as local industries strengthen export infrastructure and improve access to regional and global markets through trade agreements and collaborations,” he said.
The minister highlighted that ongoing efforts to support local industries were being systematically reviewed and upgraded to meet the evolving needs of the market.
“The aim is to create a robust ecosystem that positions Bahrain’s industrial sector as a key driver of economic growth,” he pointed out.
“The government’s support aligns with Bahrain’s Economic Vision 2030, which prioritises economic diversification and sustainable development.
“By nurturing local industries, Bahrain seeks to reduce its dependence on imports, boost self-reliance, and create new job opportunities for its citizens.”
Mr Fakhro said the initiative also involves close collaboration between the public and private sectors.
“Business leaders and entrepreneurs are encouraged to participate in shaping policies and strategies, ensuring that the support provided is practical and impactful,” he said.
“We have started encouraging smart factories. We are prioritising government contracts and purchases of local products and introduced green factory tags. We work as a group with the GCC to open international market space and are in partnership with the UAE, Jordan and Egypt on joint industrial projects.
“We also have a mutual deal with Saudi Arabia in which local industries in both countries are treated as one, when it comes to government purchases and tenders.”
Mr Al Salloom, in a written response, welcomed the government’s commitment and stressed the importance of continuous evaluation to ensure the incentives and support measures remain effective.
“This strategic focus on local products will not only boost economic resilience but also solidify Bahrain’s reputation as a hub for quality and innovation in the manufacturing and industrial sectors,” he said.
The minister will also respond verbally to a question by MP Mohammed Al Ahmed on government’s plans to stabilise market prices and the availability of basic commodities after missing the written response period deadline.
Also appearing in the session is Youth Affairs Minister Rawan Tawfiqi to respond to a question by MP Muneer Suroor on youth empowerment programmes.
mohammed@gdnmedia.bh