More than being an innovative investment opportunity, the development which is a first of its kind initiative in the Kingdom of Bahrain, comes in response to pressing water scarcity issues in the GCC and MENA region. The collaboration highlights Inovest's brand promise to deliver financially successful, dynamic, and innovative projects to the market as well as Tharawat's aim to add qualitative value to the Islamic investment sector.
The collaboration between the two companies cements Inovest's initial announcement of the venture earlier this year.
As previously announced, the manufacturing facility will consist of four production lines, designed to produce water filter cartridges for use in the household, industrial and commercial sectors, as well as in desalination plants in the MENA (Middle East North Africa) region.
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