In an article for Arabian Business Magazine, Chief Executive of the Bahrain Economic Development Board (EDB) Khalid Al Rumaihi details the efforts tundertaken by Bahrain over the past 15 years to reform and diversify its economy, alongside the wider activities by regional governments to address the near-term fiscal challenges.
Al Rumaihi argues that Bahrain has been taking major steps over the past 15 years to allow the private sector to become the engine for growth. As an agency tasked with attracting investment to Bahrain, EDB is focusing on five key sectors in which Bahrain offers particular competitive advantages and where there is strong potential for growth: financial services; information and communications technology (ICT); tourism; transportation and logistics; and manufacturing.
“The continued progress of Bahrain’s $32bn infrastructure investment programme will increase our regional and global connectivity, while making our economy more efficient and productive, and more competitive at a global level,” Al Rumaihi. mentioned.
To read the full article, visit http://www.arabianbusiness.com/bahrain-s-economy-is-healthier-than-you-think-667341.html