Sun, 07 January 2024
The Labour Fund (Tamkeen) has confirmed its support of the expansion project of Gulf Closures – a joint venture between Aptar Group, one of the world’s largest providers of packaging solutions for beverages, food commodities, cosmetics, household cleaning products and medicines and Al Zayani Industries, a leading Bahrain-based industrial conglomerate.
The expansion aims to increase the production of high-quality packaging products in the Bahrain to serve the MENA region. Gulf Closures is a leading manufacturer of beverage caps in the region, catering to the beverage manufacturing industry.
The manufacturing sector is a vital driver of the national economy, contributing 14 percent to Bahrain’s Gross Domestic Product (GDP) in 2022, making it the second-largest non-oil contributor, with an annual growth rate of 4.9 percent. Through the initiative, Aptar products will be manufactured locally in the Kingdom of Bahrain and exported.
Tamkeen’s support of the project includes training for Bahraini talents in the company – representing 78 percent of the workforce – as well as supporting the partial acquisition of state-of-the-art machinery and equipment for the factory, contributing to the expected creation of approximately 20 new job opportunities for local talent. Tamkeen will also support the participation of five Bahrainis in a specialised training programme at Aptar’s European headquarters through its ‘Global Ready Talent Programme’ to ensure they are equipped with the required technical skills in operating the cutting-edge equipment provided for the factory.