More than 80 B2B meetings organised by Bahrain's Economic Development Board (EDB) will be held between private sector delegates from the kingdom and German and European companies at Arab German Economic Forum in Berlin.

The 16th edition of event concludes tomorrow (June 14), reported the Gulf Daily News, our sister publication.

German and European businessmen from logistics, recycling, pharmaceuticals, manufacturing, and government electronic services sectors participated in some of these meetings.

The discussions focused on investment opportunities in Bahrain and the means of benefiting from enhancing the economic relations between the two countries.

Methods of sharing experiences and exploring ways to strengthen co-operation between members of the Bahraini business community and their peers in Germany and Europe were also discussed.

"The EDB places a great deal of importance on empowering the private sector, in order for it to become a more productive contributor to Bahrain's economy," said Transportation Minister and EDB acting chief executive Kamal Ahmed.

"That is why the EDB was keen on arranging more than 80 meetings over the coming days between Bahraini businessmen and their German peers, to discuss means of co-operation and collaborative work opportunities.

"Our main aim in empowering the private sector is to increase its level of contribution to the kingdom's economy, as well as to raise the number of job opportunities for Bahrainis and improve their standard of living."

"Bahrain Chamber of Commerce and Industry (BCCI) delegates are utilising this event to highlight the opportunities provided by Bahrain for foreign investors, and to raise awareness amongst the Arab and German delegates on the kingdom's positive investment climate and its openness to investors from around the world," said chairman Dr Essam Fakhro.

"This, in turn, will pave the way to new horizons of co-operation and partnerships between Bahraini businesses and their counterparts from Germany in particular, and the Arabic countries in general, which can be achieved by offering investment incentives and encouraging business alliances and partnerships between business sectors in Bahrain and those countries."

"BCCI members also met delegates participating in the Arab German investment events, as well as in joint meetings, where they highlighted the significant developments that Bahrain is witnessing on various levels - especially in terms of the various projects, programmes and the economic strategy the kingdom is undertaking," he added. – TradeArabia News Service