Polymatech Announces Over USD 16 Million Initial Investment in Bahrain
India-based Semiconductor-Chip-Manufacturer Polymatech Announces Over USD 16 Million Initial Investment in Bahrain
Bahrain Economic Development Board (Bahrain EDB) has secured initial investment commitments valued at over USD 16 million from Polymatech to establish a semiconductor manufacturing facility in Bahrain’s Industrial Area of Hidd.
This announcement was made during the island nation investment promotion agency’s visit to India, which is covering key cities including Mumbai, Bengaluru, and Chennai, aimed at showcasing Bahrain’s dynamic business landscape and its growing appeal as a regional hub for technology and manufacturing.
H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, stated, "We at Bahrain EDB are pleased...