United Paper Industries (Bahrain Pack) plans to hike its production capacity by 7,000 tonnes, jack up its revenue 70 per cent and increase its exports by 30 per cent over the next three years, supported by Bahrain’s Labour Fund Tamkeen.
Bahrain Pack, which specialises in the production and manufacturing of packaging supplies, aims to boost up to supply the world's largest consumer goods producers such as Mondelez and Arla Foods with packaging products. The backing comes as part of Tamkeen’s strategic direction to support all sectors while focusing on incentivising high potential sectors, enhancing the productivity of the private sector and enabling global export and expansion.
Bahrain Pack was established in 1993 to meet the rising packaging demands in Bahrain and the GCC. Since its establishment, the company was able to cover 70 per cent of the local market’s demand for packaging, in addition to meeting the demands of neighbouring GCC countries such as Saudi Arabia, Kuwait, and beyond GCC into Jordan.
Tamkeen’s support for this enterprise comes through the Business Growth Programme, and will contribute to the company’s expansion, increasing its production capacity, which will directly impact the development of the fast-moving consumer goods supply chain (FMCG) in the kingdom.
Tamkeen’s Acting Chief Executive, Maha Mofeez emphasised the importance of the manufacturing sector in Bahrain due to its positive impact on the national economy by promoting local production, supporting local industries, and contributing to the creation of high-quality job opportunities for locals.
She said: “Bahrain Pack has achieved great success and have grown their production and export capabilities significantly. With support from Tamkeen, we will enable them to grow their operations even further, offering greater job and training opportunities for Bahrainis.”
She added: “Tamkeen is committed to supporting all enterprises from different sectors and sizes."