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Bahrain discusses industrial growth issues

Manama, February 21, 2012

Bahrain Industry and Commerce Minister Dr Hassan Fakhro headed the 15th joint committee meeting to streamline industrial and commercial transactions.

He confirmed his ministry's keenness to facilitate all the procedures and transactions in regard to various sections of ministries, especially transactions related to development of industrial projects to boost the national economy, which contribute directly or indirectly in activating commercial and industrial movement in the kingdom.

This came as Dr Fakhro chaired the joint committee meeting where they reviewed a number of issues related to industrial and commercial sectors and ways to overcome obstacles that face industrial projects in all stages.

Dr Fakhro confirmed that Export Development Centre to be established by the ministry will be fully under the ministry's umbrella, where the ministry will supervise it and to achieve this goal, there will be co-operation and co-ordination with other agencies concerned, including the Bahrain Development Bank.

The meeting also discussed programmes of the National Institute for Training, where an official gave a visual presentation on activities and programmes provided to help existing factories and facilities offered by the institution to industrial companies.

Dr Fakhro praised the services and the institute's keenness to co-operate with the ministry and other authorities.

The meeting also discussed efforts made by customs administration in overcoming obstacles that may arise in exporting products through the King Fahad Causeway. A representative explained the regulations required in this regard and the procedures to facilitate the movement.

In term of commercial registration and companies, the minister asked officials to co-operate with auditors and to facilitate procedures without prejudice to laws and regulations of this sector, and noted that the automated system now facilitates the registration, renewal and other procedures.-TradeArabia News Service




Tags: Bahrain | export | issue | discuss | industrial growth |

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