In what could be seen as a major impetus to Bahrain industry, Industry and Commerce Minister Dr. Hassan Fakhro has signed crucial agreements with two Mumbai- based companies during the three-day historical visit of Bahrain King to India. The deals with Chemco Plastic Industries and JBF Company will open up new realms to the Kingdom in the field of plastic and polyester manufacturing, the minister, who was part of the delegation that accompanied the King, said while signing the accords. As per the agreement, Chemco Plastic Industries, which has its hands on a variety of industries including pharmaceuticals, construction, advertising and the manufacturing of plastic products, will establish its plant in Salman Industrial City in the Kingdom of Bahrain. At the Bahrain International Investment Park, Chemco also proposes to build a 9,000 mē building in three phases on a 15,000 mē site to manufacture plastic products at Bahrain International Investment Park. The major customer for Chemco Bahrain will be Reckitt Benckiser. Chemco was founded by Ram Saraogi in Mumbai, India in 1980. The plastic packaging business has three manufacturing facilities in India and one in United Arab Emirates. Dr. Fakhro said such visits aim at improving the bilateral trade relationship between the countries. He also highlighted the advantages enjoyed by the Kingdom, which acts as an optimal location for investments from the east and the west besides delving into the infrastructure and great facilities being provided by the government to investors. JBF Company was established in 1982 in Mumbai by Bhagirath Arya and is a major manufacturer of polyester film and yarns. In 2011, the company selected the Bahrain International Investment Park for its new Bopet film manufacturing plant. The factory was built in record time and the company commenced manufacturing in the Bahrain International Investment Park in the 4th quarter of 2013. The new plant is built on a 65,000mē site and the total investment is $200 million. While reaching full production, the plant is expected to give employment to over 300 people. The major market for the finished product is the USA. The Bahrain USA Free Trade Agreement was one of the key reasons that encouraged JBF to establish its manufacturing plant in Bahrain.