PR93352

MANAMA, Bahrain, Nov. 30, 2021 /PRNewswire=KYODO JBN/

    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.

    Source: Bahrain Economic Development Board