China Aluminium Network
Aluminium major contributor to GDP
Edited by : AL CIRCLE
1 min read
Aluminium is still one of the biggest contributors to Bahrain's gross domestic product (GDP), and forms most of the kingdom's exports.
Oil and aluminium contributed 31pc of total GDP or BD2.5 billion ($6.6bn) to nominal GDP in 2010.
"Future plans to expand aluminium is likely to increase the kingdom's dependence on these sectors to finance Bahrain's capital account,improve remittances and net income from investments which have all been on the negative side.
"Alba intends to introduce a sixth production line and increase the output of the current five lines.
Oil and aluminium contributed 31pc of total GDP or BD2.5 billion ($6.6bn) to nominal GDP in 2010.
"Future plans to expand aluminium is likely to increase the kingdom's dependence on these sectors to finance Bahrain's capital account,improve remittances and net income from investments which have all been on the negative side.
"Alba intends to introduce a sixth production line and increase the output of the current five lines.
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