Industrial Development Assistant Undersecretary participates in INNOPROM International Industry Exhibition
Moscow, July 13 (BNA): Dr. Khaled Fahad Al Alawi, Assistant Undersecretary for Industrial Development, participated in the 13 INNOPROM International Industrial Exhibition, held in Yekaterinburg City in Russia from July 10-13.
During a dialogue session on "Opportunities for International Cooperation for the Expansion of Russian Industrial Projects in the Middle East," Al Alawi reviewed the industrial sector strategy (2022–2026), which was launched as part of the government's economic recovery plan to develop promising sectors, increase the contribution of the industrial sector to the GDP, increase exports of national origin, and create promising job opportunities for citizens.
Al Alawi pointed to the advantages of investing in Bahrain, and the government's efforts in developing the industrial sector to support the transformation towards the Fourth Industrial Revolution, apply the concepts of a circular carbon economy and achieve industrial integration to enhance the efficiency of supply chains, especially for food and pharmaceutical industries, in addition to highlighting targeted strategic industries.
The Panel Discussion gathered a number of representatives of governments and heads of bodies from the UAE, Saudi Arabia and Turkey, as well as representatives of major Russian factories.
INNOPROM is the first industrial exhibition in Russia and the region, and it represents a platform to attract foreign investments to Russia, showcasing the latest developments of Russian companies in the fields of metallurgy, electronics, cars, ships, agricultural equipment, robotics and information technology.
