PG Foils Signs Bahrain Agreement

India-based PG Foils Limited plans to establish a downstream aluminium manufacturing facility in Bahrain, focusing on electric vehicle (EV) battery foil and pharmaceutical foil production. The proposed investment is expected to expand the kingdom’s aluminium downstream capabilities and strengthen its manufacturing base.

Bahrain’s Ministry of Industry and Commerce signed a letter of intent with PG Foils for the project. The agreement was signed by Industry and Commerce Minister Abdullah bin Adel Fakhro and PG Foils Joint Managing Director Sahil Shah during the fourth edition of the Gateway Gulf expo, which opened on November 1 in Manama.

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Hosted by the Bahrain Economic Development Board (EDB), the two-day event is taking place at the Four Seasons Hotel Bahrain Bay under the theme “Reimagining Global Partnerships, Powering Sustainable Growth”.

The proposed facility is expected to reinforce Bahrain’s industrial expansion by attracting international investment and developing new high-value downstream aluminium activities, while strengthening its manufacturing capabilities.