Invest in Bahrain which is being held sixth time in a row in Manama emerged one of the most important regional platform aimed at bringing the Arab investors and businesses together and draw a future strategy, according to a senior official at the Federation of GCC Chambers.
Khali Abdullah Khonji, second deputy to the president of the Federation of GCC Chambers in his speech at Invest in Bahrain he underlined the importance of such specialized forums which according to him comes from being a direct and successful tool to establish investment partnerships that gather Arab and Gulf capitals and expertise and work towards their appropriate employment which enriches the development plans and programs in the Arabian Gulf countries and the Arab region in general.
“There is no doubt that this forum, held for the sixth time in a row, had played a major role in strengthening the Gulf – Arab investment partnership during the previous sessions. Therefore, we are confident that this forum and its organizers have the potential and capability to achieve its desired goals. We look forward to the next session of this Forum to be held in Muscat in December 2011, and on this occasion we renew our warm invitation and welcome to our brothers, investors and venture capitalists, to participate in the next session in Muscat,” he said.
“The Kingdom of Bahrain possess a unique experience in attracting national and international investments ,this came as a result to the continued care and support from its wise leadership, the provision of favorable investment environment, as well as the kingdom’s keenness to provide all the facilities and possibilities for investors and introduce them to the available investment opportunities in various economic sectors, especially in the industry which is considered a strategic choice for its role in increasing economic and social growth by providing more jobs for citizens. We look forward to the investment opportunities in the industrial sector, to be presented by the Ministry of Trade and Industry. And we renew our call for investors to take maximum advantage of the available investment opportunities,” he said.
“We look forward for the contribution of this forum in the formation of a regional block that constitutes a platform for the meeting of business community, investors , representatives of major companies as well as local and regional finance institutions and banks for the exchange of opinions, and serves as an umbrella to activate participation of the private sector with the public sector , improve national industries and enhance their competitiveness on the international level aiming to open new markets for these products, especially since this Forum is keen to strengthen communication between decision-makers from the government on the one hand and the private sector in the Kingdom of Bahrain on the other. Stressing the importance of the role of the Bahrain Chamber of Commerce and Industry, headed by Dr. Essam Fakhro, for the efforts made in the recent period to strengthen Bahrain’s economy at all levels,” he added.
“Aware of its entrusted role in this important stage, the Federation of Chambers of the GCC, which represents the Gulf private sector, looks forward to participate more fully in building the economic decision. Through this, the federation also looks for a wider participation in the formulation of development policies, plans and programs to consolidate the concept of full partnership with the Gulf governments, emphasizing the importance of consolidating its role through making the Federation a strategic partner,” he said.