Article: GIF defies predictions of gloom.

If someone thinks it is all gloom out there in the wake of the global economic slowdown, consider this: Slovakia-based engineering company Biospol Group is to implement soon an estimated $90 million project in the kingdom.

It was announced at the Gulf Industry Fair 2009 organised last week by Hilal Exhibitions and Conferences in Bahrain.

The project, which is a sequel to a co-operation agreement signed by the governments of Slovakia and Bahrain last year, includes the upgradation of the 25-year-old water treatment plant in the kingdom, building a desalination plant, a waste treatment plant and a bio-fertiliser plant, said Kristian Kratochvil, general ...

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