PRZOOM - /newswire/ -
Dubai, UAE, United Arab Emirates, 2012/02/06 - Rubber World Industries (RWI) - Strong government support to drive in more growth for Bahrain construction segment in 2012.
Rubber World Industries (RWI), the leading manufacturer of closed-cell rubber insulation 'Gulf-O-Flex' in the Gulf and South East Asia, and part of the international business conglomerate, the Shaikhani Group of Companies, has announced its plans to position itself as a major provider of world class high quality rubber based building materials through the strategic move of expanding its trading division.
RWI expanded trading portfolio to help complement the growing number of projects in Bahrain, ably positioning itself as a provider of world class high quality rubber based products for the country’s construction segment. New trading products to be launched as part of this strategic move will include rubber-based products like Aluminium Insulation tubes, Aluminium Insulation Sheet, Aluminium Insulation roll, Slitting tubes, Colour tubes and Foam tapes, PVC tapes, Flexible Duct insulated, Flexible Duct un-insulated.
“The Middle East and North African region’s construction industry is moving on the fast track in terms of new projects and the resumption of projects that were stalled by the recent economic downturn,” said Rizwan Shaikhani, Managing Director, RWI. “Bahrain, in particular, has been forecasted to experience key growth this year through the strong support and backing of the Bahraini government. We are very eager to position ourselves as a major provider of world class rubber based building materials for Bahrain’s ongoing construction projects.”
Industry analysts have shared that the Kingdom of Bahrain has allotted over USD 477 million to bankroll various social housing projects for 2012. The housing sector will also be receiving additional funds through funding offered by other GCC countries and through the surplus in the 2011 budget.
About Rubber World Industries
Rubber World Industries (RWI) has pioneered the production of ‘Gulf-O-flex’ in the entire Gulf and South-East Asia region, providing a versatile range of rubber insulation products for the oil and gas, construction, shipping and automobile industries. Established in 1993 and part of the international business conglomerate - the Shaikhani group of Companies, the manufacturer dominates the regional market today by supplying 56 per cent for of the region’s requirements for rubber insulation pipes and sheets, and other rubber-derived products. International exports of RWI’s high quality products to the Middle East, Canada, Southeast Asia, South Africa, East Africa, Far East Asia and Europe.