Ariston Thermo inaugurates new plant in Bahrain
Ariston Thermo inaugurated a new production plant at the Bahrain International Investment Park (BIIP).
The ceremony was attended by HE Domenico Bellato, Ambassador of Italy to the Kingdom of Bahrain and Dr Carlo Andreatini, Ariston Thermo Rapid Development Countries and Americas director.
HE Zayed R. Alzayani, Minister of Industry, Commerce and Tourism, said: We are very pleased to welcome Ariston Thermo to Bahrain. The selection of BIIP for Aristons first manufacturing facility in the region demonstrates the quality of the location and the competitive advantages which Bahrain has to offer to global companies.
This project was an important one for Bahrain as it met several key objectives, enabling the growth and diversification of Bahrains economy, as well as creating quality skilled jobs for Bahrainis in the fields of engineering and business. The Ministry and Ariston are partners for the long-haul and the Ministry will do everything in its capacity to provide the right support to facilitate the company’s success.
Commenting on the inauguration, HE Khalid Al Rumaihi, CEO of the Bahrain Economic Development Board, said: Ariston Thermos new plant is a truly welcome addition to the Bahrain International Investment Park. The plants opening is a clear indication of the vast potential and advantages that the manufacturing industry in Bahrain provides, and further reinforces the Kingdoms position as the ideal hub to meet growing regional demand.
When we were in Italy last year I was struck by how much interest there was from businesses there in the GCC opportunity, so I am delighted to be able to welcome Ariston Thermo to the region.
The new plant, located in a total area of 7,000sqm and employing 50 people, will manufacture storage electric water heaters branded Ariston that will be mainly marketed in the Middle East and North Africa. The new plant provides a maximum annual production capacity of up to 250,000 electric water heaters.
The new production site in Bahrain will be in line with the sustainable model of the group, at the forefront of innovation and in respect of the environment.
I would like to warmly thank all the Kingdom of Bahrain authorities for the welcome and the support received, commented Carlo Andreatini, Ariston Thermo Rapid Development Countries and Americas director. With this new production site in Bahrain, we aim to strengthen our presence in this area, where Ariston brand is already leading the water heating category for many years. Keeping production close to the most important markets is indeed a key pillar of our groups growth strategy that allows us to better and promptly respond to the specific needs of our customers.