The Bahrain Economic Development Board (EDB) today hosted “Invest in Bahrain” business forum at Expo 2020 Dubai.
The dedicated event introduced investors to the Kingdom’s competitive advantages and business friendly environment, in line with the recently announced Economic Recovery Plan, which is based on five pillars, including the facilitation of commercial procedures to enhance the business environment and attract direct investment.
The forum introduced investors to the numerous investment opportunities and highlighted how companies operating in Bahrain can access the $1.4 trillion regional market.
Bahrain’s economy is the one of the most diversified in the GCC, with strengths in the financial services, ICT, manufacturing and logistics sectors. Bahrain’s agile business environment along with the pro-innovation and forward-thinking regulations have allowed businesses to thrive.
The forum was part of Bahrain National Week at Expo2020 Dubai and included a series of business meetings with key stakeholders from Bahrain and leading companies from regional and global markets across various sectors.
Investors also learned about the new $30 billion strategic projects plan, which aims to drive investment, advance infrastructure, create jobs, and boost economic growth. Bahrain has also announced several key initiatives furthering growth and diversification, including new plans for the tourism and logistics sectors, the announcement of the fastest global Sea-to-Air logistics hub and a number of MOUs with the UAE.
Entities participating include the Ministry of Industry, Commerce and Tourism, the Economic Development Board, Central Bank of Bahrain, Bahrain Chamber of Commerce and Industry, National Bank of Bahrain, Gulf Air, Bahrain Tourism and Exhibitions Authority, Export Bahrain and Danat. – TradeArabia News Service