Manama: US firm WestPoint Home (WPH) has announced it is investing $9 million in its Bahrain manufacturing complex for its third spinning capacity expansion.
The announcement follows a meeting of the company’s top management with Industry, Commerce and Tourism Minister Zayed Al Zayani to discuss how WPH will mitigate the impact of the potential expiration of the Tariff Preference Level (TPL) that allows duty free access on textile exports from Bahrain to the US .