Al-Saie: Our investment in “Amalfi Foods” enhances our strategy in food security

Heba Mohsen

On the sidelines of the Gulf Gate Forum, the Chairman of the Board of Directors of the Bahrain Food Company, Bassem Al-Saie, revealed that the company has signed the first investment agreement with a Bahraini company in the private sector.

He expressed his optimism about this step, which would enhance the growth of the food company, and said: “We invested a certain percentage in Amalfi Foods, which specializes in the manufacture of baked goods,” stressing that the agreement enhances the company’s strategy in securing food.

Al-Saie added: “This investment represents a new step towards establishing a large, integrated factory in the field of baked goods.

We seek to secure an important part of food security by establishing a large industrial bakery factory.”

He also confirmed that Amalfi Foods products receive great demand in neighboring countries, expressing his aspiration to expand the scope of its production outside the Kingdom of Bahrain.

He explained that this step will be one of the strategic pillars of the food company. Al-Saei continued, saying: “We do not want to compete with the private sector, but rather we aim to cooperate and contribute to enhancing food security.”

We are working to provide a variety of products that meet the needs of the local and regional market.”

He added: “Our focus on food security must be present in any type of investment, and we must provide what is missing in the food sector.”

He continued: “Today, an agreement was signed with the poultry company, which aims to raise the production capacity of eggs from 40% to 70% within two years.

This agreement reflects our progress in this field, and enhances our strategy in securing food,” stressing that Food Company is committed to expansion and growth, and believes that these steps will enhance the stability of the food market in the region.