Foreign Direct Investment Magazine Classifies Bahrain as Top Area for Business Expansion
MANAMA, Bahrain, June 8, 2012 /PRNewswire-USNewswire/ — In a testament to Bahrain’s strategic position in the Gulf, Foreign Direct Investment Magazine ranked three Bahraini economic zones as top locations for inward investment, economic development and business expansion globally.
The report named Bahrain International Investment Park (15th worldwide), Khalifa Bin Salman Port (16th worldwide) and Bahrain International Airport (19th worldwide) to its Global Free Zones Rankings. The magazine examined 150 free and special economic zones around the world before determining its list.
“We are delighted that Bahrain’s logistics capability has been recognized in this report,” Kamal bin Ahmed, minister of transportation and acting chief executive of the Bahrain Economic Development Board, said.
Bahrain expects economic investment to expand even further in the future.
“Optimizing Bahrain ‘s connectivity to the region through world-class facilities plays an important part in our strategy to create sustainable economic growth and high-quality Bahraini jobs for the long term,” he said. “With a number of projects for further investments planned over the coming years, including the expansion of Bahrain International Airport, we are confident that Bahrain’s position as the best location for companies looking to access the Gulf economy will endure.”
SOURCE Kingdom of Bahrain