Strategic Iraq–Bahrain Partnership to Advance Industrial Growth

Al-Rida Investment Group has signed a strategic partnership with Bahrain-based Neo Holding to establish an integrated industrial complex in Najaf Industrial City.

The project’s first phase includes factories for pipes, gypsum board, electrical wiring, and construction chemicals to reduce Iraq’s reliance on imported materials.

This collaboration marks a milestone in Iraq’s push for industrial self-sufficiency and regional investment cooperation. It reflects growing investor confidence in Iraq’s potential as a regional manufacturing hub.

The venture is expected to create jobs, enhance local supply chains, and support infrastructure development. Al-Rida Group continues to expand its footprint in Iraq through sustainable, high-impact investments.