Mubasher: CIMC Vehicle Group announced on Monday that it will launch its first manufacturing facility in Bahrain with 20 new job opportunities as phase one.
CIMC, the core member enterprise of China International Marine Containers Group, said the new facility will serve as a major reefer trailer manufacturing and export hub in the Middle East, according to a statement.
“We are delighted to welcome CIMC to Bahrain and believe their investment is a reflection of Bahrain’s excellent regional transport connections, mature regulatory system, and the strength of its highly-skilled local workforce,” Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board (EDB), said.
“As part of the EDB’s ongoing logistics initiative, Bahrain offers global manufacturing companies like CIMC a number of competitive advantages that will serve to benefit their operations in the region,” he added.
Al Rumaihi noted that Bahrain is ranked 29th globally by the World Economic Forum for the quality of its transport infrastructure.
Commenting on the launching, Teresa Tan, CFO of CIMC Vehicle Group, said “Bahrain was an easy choice for CIMC to launch its new manufacturing facility. The Kingdom has excellent infrastructure, cost competitiveness, a strong connectivity to Saudi Arabia as well as the GCC and the Middle East region”.
