Tamkeen provides customised business solutions to “Nass Industrial Services”

“Abdullah Nass Industrial Services”, a division of the Nass Corporation, signed an agreement with Tamkeen to benefit from cusomised business solutions. The newly-developed initiative provides grants for Bahrain’s 5 largest private sector employers to enable them to develop and diversify their business portfolio.

The total budget allocated for the 5 Large Companies is BD 5 million. The grants will be utilised to subsidise key capital expenditures which are in line with the companies’ development and expansion strategies, which in turn will boost the national economy and create job opportunities for Bahrainis.  

Commenting on this announcement, H.E. Shaikh Mohammed bin Essa Al Khalifa, Tamkeen Chairman and Acting Chief Executive Officer, said: “This is a unique scheme which provides specific and customised business solutions that caters to the special needs of private sector mega enterprises, and exemplifies our continuous efforts to create more flexible programmes to better serve all private sector segments.”

Commenting on the occasion Nass Corporation Chairman Mr. Sameer Abdulla Nass said, “As an active player in the construction and industrial sectors, we endeavor to continually exceed our client’s expectations through the consistent delivery of product, and service excellence. Hence we are extremely pleased to have been given the opportunity by Tamkeen to strengthen our efficiency and production capability at the Hidd manufacturing facility for Nass Industrial Services. We are delighted to continue to support and participate in the growth and development of the local industry.” 

The support is linked to several KPI’s which will be monitored and then assessed once the scheme is completed, in line with Tamkeen’s focus on enhancing quality, being more customer-oriented, and achieving results in order to address the ever-changing dynamics of the market. These include hiring and training the Bahrainis staff, and measuring the impact of the support on the companies’ commercial activities in Bahrain and abroad.