Turkish firm to set up clothing factory
Manama, June 10, 2010
A leading Turkish company plans to set up a clothing factory in Bahrain. Otra Anatolia chief executive officier Husammettin Toprak confirmed plans to open a branch of the Turkish parent company.
The scheme was unveiled as Industry and Commerce Minister Dr Hassan Fakhro received the investor.
Present were Turkish Embassy trade representative Halis Kaya, financial affairs chief Irfan Ergun and Mehaet Akif Gok.
Dr Fakhro highlighted Bahrain's policy welcoming regional and international investments.
He reaffirmed Bahrain's commitment to ensuring an investment-friendly environment and streamlining procedures for businessmen.
He also stressed the importance of agreements that protect investments and ensure marketing opportunities.
He cited particularly the Bahrain-US Free Trade Agreement which, he said, features untapped investment opportunities.
His Majesty King Hamad's fruitful visit to Turkey last year also came under the spotlight.
A string of projects and joint ventures spearheaded by the private sector in both countries has since been set up.-TradeArabia News Service