Bahrain enjoys an investor-friendly environment for big global businesses and it welcomes projects that add value to the national economy, Industry and Commerce Minister Zayed Al Zayani said yesterday (March 4).

He said this as he visited Singapore firm MTQ Oilfield Services Corporation in Bahrain and met its chairman Kuah Kok Kim, reported the Gulf Daily News (GDN), our sister publication.

He said the government appreciates the corporation's contribution to the national economy and will spare no effort in providing all necessary facilities that would raise its productivity and its expansion effort in foreign markets. He added that this goal is a top priority for the government and its Economic Vision 2030.

MTQ Bahrain was established in Salman Industrial City, Bahrain International Investment Park in 2009 and is a wholly-owned subsidiary of MTQ Corporation Limited, which is listed on Singapore Stock Exchange. MTQ Corporation Limited is a premier integrated engineering solutions provider that specialises in two major business segments - oilfield engineering and engine systems.

Al Zayani hailed the company's ambitious future plans and contributions which serve the kingdom's economy.

Kim thanked the government for its constant support, highlighting MTQ's future plans aimed at boosting its investment in Bahrain and making it MTQ headquarters.

He said MTQ branch in the kingdom was established to serve the existing oil companies in the region, and highlighted his company's efforts to increase Bahrainisation at all levels. - TradeArabia News Service