Semi-conductor chip manufacturer Polymatech Electronics would invest USD 16 million in Bahrain to establish a semi-conductor manufacturing facility in the gulf country, the company said.
The facility to be set up as 'Atri' in Bahrain Industrial Area - Hidd - would play a critical role in producing essential 5G and 6G components and marks Polymatech Electronic's first step in expanding its global footprint.
"We, at Bahrain EDB are pleased to welcome Polymatech alongside several leading multi-sector companies to business-friendly Bahrain. Bahrain continues to maintain momentum in delivering on its vision of developing a digital-first, intelligent economy, fostering a future-ready ecosystem that prioritizes the development of next-generation technologies, advanced manufacturing and a highly skilled workforce," Minister of Sustainable Development, Chief Executive of Bahrain Noor bint Ali Alkhulaif said.
Polymatech establishing a semiconductor facility in Bahrain is set to usher in a new
