Investors plan to pump more than $2.65bn into new industrial projects in Bahrain. Applications to 295 projects, with a total investment value of BD844.8m ($2.2bn), were given primary approval by the ministry last year. The projects include 106 in the engineering industry, 83 in aluminium, 46 in petrochemicals and plastics, 34 in food items and medicine, 22 in wood furniture and four in readymade garments.