Open up to Asia, urges Bahrain King
Manama, April 17, 2014
Bahrain has to gear up to face global economic challenges and open up on promising Asian investment zones, His Majesty King Hamad said.
In wide-ranging comments to editors-in-chief of local newspapers, he described his historic visit to Kazakhstan as an outright success, hailing the positive results it yielded, said a report in the Gulf Daily News (GDN), our sister publication.
He cited the agreements signed which would boost mutual investments, hailing Kazakhstan's abundant natural resources, particularly oil, gas and immense arable land.
He stressed the key talks he held with Kazakh President Nursultan Nazarbayev, focused mainly on joint co-operation and mutual investments.
He emphasised the importance of Bahrain to brace itself for upcoming projects and upgrade its infrastructure, being a strategic gateway to the whole region.
He announced the forthcoming visit of the Russian Deputy Prime Minister, with an expected string of projects in the pipeline.
Deep-rooted historic relations bonding Bahrain and Saudi Arabia were also hailed.
His Majesty seized the occasion to announce that the vital King Fahad Causeway would soon be upgraded to keep pace with the booming trade and investment flow.
The civil aviation sector is also looking towards a promising future with plans to build a state-of-the-art international airport.
His Majesty stressed the importance of the projected hub in bolstering Bahrain's strategic standing, adding that required land would be allocated soon.
While unveiling the string of vital projects, he stressed the need for Bahrain to think of setting up a rail network in the near future, as part of the country's infrastructure development plans. - TradeArabia News Service