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Pakistani JK Group establishes factory in Bahrain
Bahrain-Pakistan, Business, 11/6/1998

Economic sources in Pakistan's embassy in Cairo, announced yesterday evening the intention of the Pakistani JK Group to establish a textiles factory in the Askar area of Bahrain.

The sources told ArabicNews.com that the value of the factory reaches $23 million, and the facility covers 16,000 cubic meters, with a production capacity of 7,240 tons of textiles.

The sources pointed to the participation of Bank Faisel with $2.5 million, and to Bahrain Bank for Industrial Development, which participated with $1.5 million.

Previous Stories:
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  Bahrain for establishing common Arab market   (9/29/1998)

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