MANAMA, Bahrain, Nov. 30, 2021 /PRNewswire/ -- The Economic
Development Board today announced the launch of the investment
platform invest.bh that allows investors to access investment
opportunities in the Kingdom's strategic projects as part of
Bahrain's Economic Recovery Plan
which saw the announcement of strategic projects worth more than
USD30 billion.
The platform enables investors to explore current investable and
future planned projects in the Kingdom across a wide range of
sectors including industrial, infrastructure, tourism and housing
projects.
Investable projects include Bilaj Al Jazayer Tourist City,
Bahrain Metro, USA Trade Zone, Aluminium downstream zone and
Sports City. Future planned projects are the new planned cities of
Fasht Al Jarim Area, Suhailia Island Area, Fasht Al Adhm Area, Gulf
of Bahrain Gulf of Bahrain Area,
and Hawar Islands Area.
Khalid Humaidan, Chief Executive Director of the Bahrain
Economic Development Board, said: "this new investment platform is
a critical component in implementing the Economic Recovery Plan.
With the recent announcement of the strategic projects, ensuring
investors have access to current investment opportunities, as well
as future planned projects gives them direct access to strategic
investment opportunities and offers us a platform to engage
directly with prospective partners."
"Our Economic Recovery Plan aims to drive economic growth and
boost non-oil sectors in the Kingdom of Bahrain as we emerge from the pandemic.
Through the platform we are encouraging the private sector to play
a bigger role in economic development."
The Kingdom of Bahrain's Economic Development Board
provides support for investors interested in these opportunities
and enables them to benefit from the competitive advantages
available to them in the Kingdom, including an agile business
environment, competitive operating costs with no corporate or
income taxes, and a highly skilled workforce. EDB has offices
around the world, including in the USA, Europe,
China, and India.
To view the new investor platform, please visit this
link: www.invest.bh
About Bahrain Economic Development Board
The Bahrain Economic Development Board (EDB) is an investment
promotion agency with overall responsibility for attracting
investment into the Kingdom and supporting initiatives that enhance
the investment climate.
The EDB works with the government and both current and
prospective investors, in order to ensure that Bahrain's investment climate is
attractive, to communicate the key strengths, and to identify where
opportunities exist for further economic growth through
investment.
The EDB focuses on several economic sectors that capitalise on
Bahrain's competitive
advantages and provide significant investment opportunities. These
sectors include financial services, manufacturing, technology and
innovation, tourism, education, healthcare, logistics and
transport.
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SOURCE Bahrain Economic Development Board