In implementation of the directives of His Majesty King Hamad bin Isa Al Khalifa, the king of the country’s greatness, to accelerate the pace and implementation of plans and initiatives that enhance the elements of food security, and contribute to the sustainability of resources for the good of the future of the people The necessary infrastructure, and stimulating the partnership with the private sector. His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, Chairman of the Board of Directors of the Bahrain Holding Company “Mumtalakat” announced the launch of the strategy of “Bahrain Food Holding Company”, and the launch of the City Food Project in cooperation with the Bahrain Real Estate Investment Company (Edama), the real estate arm of property, which is one of the largest projects in the field of food industries in the Kingdom, It represents a new stage of integrated institutional work in the food security sector.
On this occasion, the Minister of Finance and National Economy, Chairman of the Board of Directors of the Bahrain Mamlukat Holding Company, “Mumtalakat”, stressed when His Excellency attends the inauguration ceremony that the Kingdom of Bahrain continues its relentless endeavors towards developing and providing plans and projects for food security and providing them with all the basic elements and pillars that contribute to achieving their sustainability, by continuing to adopt and implement strategic initiatives and projects in this field.
He pointed out during the speech delivered at the ceremony, which was attended by His Excellency Sheikh Abdullah bin Khalifa Al Khalifa, CEO of Bahrain Mamlukat Holding Company “Mumtala”, and a number of happiness with senior officials, to the important role that the private sector plays in supporting the efforts of the Kingdom of Bahrain towards achieving food security, as an active partner and a major element in the comprehensive development process, pointing out that His Excellency is that the strategy of a “food” company devotes a concept The partnership between the public and private sectors, and contributes to building an integrated diet, increasing local production rates, based on innovation, development and investment in national competencies, and consolidating the foundations of healthy and sustainable food production.
The minister stressed the role played by the “Mumtalakat” company in supporting the food sector through the “Food” company, in addition to continuing to create more investment opportunities in the agricultural and food sector in a way that ensures the continuity of its development, and enhancing its contributions to achieving food security, pointing out that the company “Mamtalas” places its top priorities to enhance the value of its assets, and achieve integration between its portfolios companies with the aim of contributing to achieving long sustainable returns The term, including the partnership between the “Food” company and the “Adamah” company to launch the “Food City” project, which is one of the largest projects in the field of food industries in the Kingdom, where it will be built on an area estimated at one million square meters in its first stage, to be an integrated industrial center for the production, manufacture and distribution of foodstuffs according to the highest standards and practices in this field.
For his part, Bassem Al -Sa’i, Chairman of the Board of Directors, stated: “We are pleased today to launch a food company’s strategy and its new identity, as we seek to work alongside the public and private sectors as basic partners to carry out joint investments, stimulate innovation and develop local competencies for healthy and sustainable food production. The special to stimulate manufacturing and distribution within the food sector in the Kingdom.
This, during the event, a food company strategy was reviewed and its new identity, which includes the assets of property in the food sector, was also announced, and the city’s food project was announced in partnership with the “Adamah” company, to be an integrated food city and the first of its kind in the Kingdom of Bahrain with an area of one million square meters in its first phase, to attract new investments and assets that contribute its role in providing additional opportunities to cooperate with the private sector, and contract more Partnerships, as well as strengthening the principles of sustainability and providing job opportunities for citizens.
