Transportation, logistics sectors growing: Official

Bahrain’s transportation and logistics sectors have marked strong growth in recent times, a senior government official revealed.

Speaking on behalf of the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani at the launch of a new facility owned by Electrosteel Castings in Askar yesterday, Undersecretary for Industrial Affair Osama Al Arrayed pointed out that the transportation and logistics sectors were the priority sectors for Bahrain.

“Presence of large trading companies provides an impetus to the transportation and logistics sector, which is a priority sector of our economy. This sector is witnessing strong growth in recent times and has important linkages with other industries,” he explained.

“The government is focusing on infrastructure development with the expansion of the Bahrain International Airport, a larger seaport and state of the art Bahrain Logistics Zone and  the upcoming Railway Project that will link with the GCC Rail Network,” Al Arrayed added.

Electrosteel Castings is the world’s third largest producer of Ductile Iron (DI) pipes and ancillary products. He noted that the launch of the company would benefit the logistics sector.  

“We welcome this development as a valuable addition to the logistics sector in Bahrain and I congratulate the Electrosteel management on their strategic decision to locate in Bahrain at the heart of the region’s thriving market,” he added.