Bahrain’s Non-Oil Exports Amounted to $4.8 Billion within 8 Months
2018-03-14 - 7:17 م
Bahrain Mirror: Official statistics said that total value of Bahrain's non-oil exports during the first eight months of 2017 amounted to about $4.8 billion; i.e. $100 thousand increase compared to the same period of 2016.
Exports increased from $3.6 billion during the first half of 2016 to $3.8 billion in 2017, while metals and metal products dominated Bahraini exports.
Bahrain's oil sector recorded a 0.3% decline during the third quarter of 2017.
The infrastructure projects adopted by the Bahraini government include the "Airport Modernization Program", to be completed in the third quarter of 2019 with investments of $1.1 billion. The project will increase the airport's capacity to 14 million passengers annually.
Alba's Line 6 Expansion Project is one of the largest brownfield developments in the region. Expected to begin production by January 2019, the project will boost the smelter's per-annum production by 540,000 tons, bringing its total production capacity to 1.6 million tons per year.
Bapco refinery development project that signed a deal for $4.1 billion is to expand the capacity of the oil refinery from 267,000 up to 360,000 barrels per day.
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