Mondel?z International laid the cornerstone for construction of its new $90 million biscuit plant in Bahrain.
The company announced the project in October 2014. Full commercial production is scheduled to start early next year.
"Demand for our biscuits in the Middle East and Africa has been growing at double-digit rates and investing in a state-of-the-art facility in Bahrain will enable us to capitalize on this," Daniel Myers, Mondel?z international executive vice president said in a statement. "This new investment is part of our journey to reinvent our supply chain around the world to meet growth demands, while also reducing costs and improving productivity," he added.
The Government of Bahrain has reclaimed the necessary land for construction of the new plant, which will have a total capacity of nearly 90,000 tons per year. The plot size of more than 250,000 square metres is the equivalent of 30 soccer pitches.
In the initial two- to three-year phase, the plant will operate four biscuit-manufacturing lines producing – in addition to Oreo, Ritz and belVita – Prince and TUC biscuits, as well Barni cakes.
The plant is Mondel?z International's second major investment in Bahrain. The world's leading snacks producer has already invested more than $75 million in developing a Kraft Cheese and Tang powdered-beverage plant in Bahrain which has been operational since 2008. With a production capacity of 110,000 tons per year, the existing facility employs more than 240 people and has injected over $250 million in the local economy since construction through wages, and purchase of goods and services.
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