Bahrain, China eye investments worth $32m
Manama, November 14, 2013
Bilateral investment worth more than $32 million is likely to result from a key meeting between Bahraini and Chinese businessmen, a report said.
The Arab International Centre for Entrepreneurship and Investment in co-operation with the Investment and Technology Promotion Office of United Nations Industrial Development Organisation Bahrain and the Shanghai Chamber of Commerce and Industry organised the Chinese Bahraini Entrepreneurs Forum.
During the forum, 19 Bahraini entrepreneurs met 23 Chinese during business-to-business bilateral meetings, which resulted in 19 letters of intent, reported the Gulf Daily News, our sister publication.
The investment is to be made in information technology, waste management, building materials, petrochemicals, pharmaceuticals and agriculture. – TradeArabia News Service
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