Friday 7 October 2022

Bahrain’s transport network revamp in focus.

Bahrain to launch big infrastructure projects

MANAMA, June 30, 2015

A report by UK-based publishing firm Oxford Business Group (OBG) seeks to map out the broad range of opportunities that Bahrain is offering investors, it was announced yesterday (June 29).

‘The Report: Bahrain 2016’ will pinpoint a raft of infrastructure, real estate and transport projects earmarked for roll-out in the country, in line with its Vision 2030 development plan, said a report in the Gulf Daily News (GDN), our sister publication, quoting a statement by the firm.

Other sectors of the kingdom’s economy that are being targeted for growth, such as information and communications technology (ICT), financial and professional services, manufacturing and education, will also be explored in detail.

The analysis of Bahrain’s economic development will be supported once again by UK Trade and Investment (UKTI), which has signed a second memorandum of understanding (MoU) on research with OBG.

UKTI is a government department that works with UK-based businesses to ensure their success in international markets through exports.

Under the MoU, OBG will work with UKTI to research and analyse Bahrain’s latest business trends for next year’s publication.

Outgoing British Ambassador Iain Lindsay said he was thrilled to be working closely with OBG for a second consecutive year.

“I am delighted to have signed this agreement again this year,” he told OBG.

“Oxford Business Group’s high-quality publications are a key tool to informing British companies of the many benefits of doing business in Bahrain.

“I look forward to building on the great relationship the British Embassy has with Oxford Business Group and working with them to identify new and exciting commercial opportunities in the market.”

OBG’s managing director for the Middle East Jana Treeck said the strong relationship between Bahrain and the UK was reflected in the group’s earlier, 10th-anniversary report, which pointed to several successful collaborative ventures, ranging from housing projects and roads to health and education initiatives.

“Next year promises to be an exciting one for both Bahrain and the UK, with the countries set to mark 200 years of diplomatic relations,” she said.

“I’m delighted that the embassy’s UK Trade & Investment team will be contributing to our 2016 report against this backdrop and helping us to share Bahrain’s myriad investment opportunities with our readers, who we know make up an integral part of the international investment community.”

OBG expects that The Report: Bahrain 2016 will prove to be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, and sectoral developments.

The publication will be available in print and online. - TradeArabia News Service

Tags: transport | OBG | project | Infrastructure | Report |

More Construction & Real Estate Stories

calendarCalendar of Events