Bahraini biz group wants sugar plant in PH
The Bahrain Chamber of Commerce and Industry (BCCI) is planning to build a sugar processing facility in the country, whose products would be sold in Saudi Arabia.
BCCI chairman Khalid Rahman, during the meeting with agriculture officials, said his delegates are interested in importing palm oil, coconut and its by-products (coco charcoal and coco oil), bananas, pineapples, mangoes, guyabano puree, flowers, seaweeds and tuna.
Rahman said the BCCI members are looking at the possibility of establishing a sugar processing facility in the country.
He said the products processed from the facility will be re-packaged in Bahrain, and sold in Saudi Arabia.
He added that some Bahraini investors are interested in undertaking joint ventures with Filipino producers, and are asking for assistance in feasibility studies for products they want to invest in.
Rahman also advised Philippine officials to use the Bahrain market as a gateway to Arabian trading centers.
He invited agriculture officials to join the Bahrain and Asian expo in December, which allows different Asian countries to display their products.