Bahrain's transport and logistics market in focus
MANAMA, February 24, 2016
Bahrain's rapidly growing transport and logistics market will the focus of a conference in the kingdom next months.
The inaugural GCC Logistics Conference 'Costs and Challenges' will take place on March 30 and 31 at the Ritz-Carlton Hotel in Manama.
Bahrain offers the shortest routes for cargo distribution within the Gulf States, in particular to Saudi Arabia. Now that border crossing issues for trucks have been overcome, the economic centres of Kuwait, Qatar and Saudi Arabia can be reached by truck within 24 hours, said a statement.
Numerous companies are currently considering the establishment or the expansion of activities in the Gulf state, it said.
Ralf Jahncke, president and chief executive officer of TransCare, said: "Bahrain has recently liberalised the entire transportation and logistics market, everyone can settle here with hardly any restrictions."
In addition, it is currently responsible for the market development of this sector on behalf of the Government of Bahrain. Top managers and shareholders planning to establish or to expand their business in the GCC (Gulf Cooperation Council) area are among the experts expected at the conference.
National and international executives of well-known manufacturers, retailers and logistics service providers, as well as representatives of ministries and of the education sector shall discuss the development of logistics markets in the GCC states of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman.
All of these countries shall be in the focus of the discussion in the six conference panels.
Khalid Amro Al Rumaihi, chief executive officer, EDB, said: "Transportation and logistics represent some of Bahrain’s key industry sectors, therefore EDB fully supports the 1st GCC Logistics Conference organised by TransCare." - TradeArabia News Service
