Manama, Kingdom of Bahrain: Labor Fund (Tamkeen) supports the Al Salwa Meat Factory expansion project to help the company build its production capacity while providing quality employment opportunities for approximately 30 Bahrainis. announced. Tamkeen's support for this initiative is part of a business growth program that helps local businesses diversify their resources and enter new markets both domestically and internationally. This is also in line with Tamkeen's continued efforts to strengthen the country's workforce and support Bahrain's Fast Moving Consumer Goods (FMCG) sector.
The expansion will introduce a state-of-the-art production line that will double the factory's production capacity. The factory will also launch a wide range of high-demand products, increase export capacity and support entry into new regional and international markets.
Commenting on this initiative, Maha Abdulhameed Mofiz, chief executive of the labor fund Tamkeen, said: The FMCG industry contributes significantly to the national economy and exports. This high-potential sector, which creates many quality employment opportunities for Bahraini talent, has shown consistent growth over the years due to changing demographics and evolving consumer preferences. This has made FMCG a driver of economic development both in Saudi Arabia and the wider Middle East. ”
Mohamed Abdul Amir, CEO of Al Salwa Meat Factory, said: “We are proud to enter into this fruitful agreement with Tamkeen. It will contribute to the growth of our business, provide quality employment opportunities for Bahrainis, and allow us to diversify our products. ” range. Tamkeen's support will play a key role in achieving our strategic objectives, particularly his expansion into new international markets in the GCC region, Morocco and Algeria. This will allow us to strengthen our presence regionally and internationally, while highlighting the quality of Bahraini products and strengthening our competitiveness on the world stage. ”
Al Salwa Meat Factory aims to offer 30 new middle management and leadership positions to qualified Bahrainis by 2025. Tamkeen's support for this initiative is in line with key strategic priorities for this year, including hiring Bahrainis and supporting private companies to drive the ecosystem forward. Developing the labor market, increasing the economic participation of Bahrainis and establishing new employment routes, and expanding support for career development through increased wages and upskilling, all of which will improve economic outcomes and support sustainable growth. The purpose is
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