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KAI to add $100m yearly to the economy; reaches 35 per cent local workforce target

June 27, 2024
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KAI to add $100m yearly to the economy; reaches 35 per cent local workforce target

Brijender Pal Singh, Managing Director KAI

MANAMA: Mahmood Rafique, Editor: Konexus Aluminium International (KAI), which has completed six months of its operations, is set to contribute $100million to the local economy with a promising job opportunity for locals.

The Group is planning to setup yet another manufacturing unit in food processing facility in Bahrain to reexport its products to Middle East, Africa, and European markets, thanks to Bahrain’s competitive investment and business climate.

Conexus Resources Group, a UK headquartered company, owns majority shareholding in KAI Bahrain with equity of $45million, with 85 per cent by Conexus Resources Group and 15 per cent by a local Bahraini partner.

Brijender Pal Singh, Managing Director KAI, told a select media and executive team members of the EDB Corporate Communications at the KAI facility close to ALBA that Bahrain’s doing ease of business, government support and advantage to have aluminium plant close to the world’s largest aluminum smelter, ex-China, are few but very important factors in choosing Bahrain to setup their plant in the Kingdom of Bahrain.

KAI Bahrain is testament of quality, growth, and sustainability and successful commencement of production at its state-of-the-art facility leveraging innovative technology and advanced processes. “Our aluminium rods have garnered excellent reception from buyers across regional and global markets. Our customer-centric approach, combined with high-quality feedstock sourced from Aluminium Bahrain (Alba), further enhances the prestige of and ‘Made in Bahrain’ aluminium products. The positive feedback we have received from our customers substantiates our decision to continue investing in and expanding our downstream aluminium activities in Bahrain. Alba’s unwavering support for the entire aluminium sector, and their initiative-taking promotion of downstream industries, remains a cornerstone of our expansion strategy. At KAI, we pride ourselves on nurturing local talent. Currently, Bahrainis hold pivotal positions such as Head of Quality, Operators, Mechanical Engineer, and Security Personnel. Additionally, through our collaboration with Tamkeen, we have onboarded trainees, and plan to add more through our Global Graduate Trainee Program. This initiative offers recent Bahraini graduates the opportunity to gain experience within our Bahrain operations and undertake short-term assignments at our global offices, thereby enriching their skills across various disciplines,” he added.

As part of our “Go Green” initiative, we have completed a comprehensive feasibility study for the partial solarization of our plant and are now advancing towards the implementation of a sustainable solar energy solution. Expanding beyond our aluminium production, we launched our global food and agri-business sector in 2023 with plans to establish agri-processing operations in Bahrain. Focusing on food security and essential consumer staples, we are developing a Multi-grain Wheat Flour Mill. This project, in cooperation with existing industry players, promises to bring an additional multi-million foreign direct investment (FDI) to Bahrain, diversifying our business portfolio and bolstering the local agricultural sector and economy. We remain steadfast in our commitment to delivering high-quality products and services to our esteemed customers, underlined by our dedication to sustainable practices and corporate responsibility. With our advanced production facility, experienced workforce, and strategic partnerships, we foresee continued growth and success in the global market,” he said.

“From the start Bahrain EDB, the Ministry of Industry and Commerce, and Tamkeen have provided exceptional support. Their invaluable assistance throughout the business setup process and ongoing exploration of further opportunities in Bahrain has been crucial to our achievements.”

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