Bahrain’s investor-friendly environment in focus
Manama, July 6, 2014
Bahrain’s progress in diversifying its economy and creating an investor-friendly environment will be the focus of a special publication by global publishing, research and consultancy firm Oxford Business Group.
'The Report: Bahrain 2014' is set to released to mark the group’s ten years of operations in Bahrain, highlight its latest investment opportunities.
The report will chart the country’s progress and investor-friendly environment, which has led to the emergence of several now well-established industries, including financial services, real estate and manufacturing.
It will also explore Bahrain’s recent efforts to address key social issues spearheaded by educational reforms and the rolling out of affordable housing.
Jana Treeck, region director, said that the group’s team has witnessed the kingdom move towards the goals mapped out in its long-term development strategy, Economic Vision 2030.
“Bahrain’s push to begin broadening its economic base some years ago, ahead of its neighbours, has given the country an edge in seeking out investors, as we have documented,” she said.
“Our tenth-anniversary report will look at fast-growth areas of the economy, such as Islamic finance, while also considering the part that the country’s business-friendly environment, particularly its tax regime, continues to play in increasing investment.”
Lila Benyelles, the group’s country director, pinpointed the hurdles which the kingdom currently faces, including a drop in non-oil activity last year, and the steps being taken to overcome them, led by capital spending on infrastructure.
“Bahrain has redefined its economic landscape during our decade here, bringing through new areas of the economy for development, while also moving forward with ambitious plans for its oil sector,” she said.
The report will contain a wide range of interviews with leading political, economic and business representatives, together with a detailed, sector-by-sector guide for investors.
It assesses trends and developments across the economy, including macroeconomics, infrastructure, banking and other sectoral developments. - TradeArabia News Service