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Asharq Al-Awsat
Asharq Al-Awsat
World
Manama- Obeid Al-Suhaimi

Bahraini PM: More Facilities to Grant Commercial, Investment Licenses

Sheikh Khalifa bin Salman Al Khalifa

Bahraini Prime Minister Sheikh Khalifa bin Salman Al Khalifa stressed the government’s keenness to reinforce and enhance the business environment and to continue its development through offering more facilities to grant commercial and investment licences.

During his meeting with officials in the government, the Prime Minister warned that delaying investment projects by stalling the issuance of licenses is not allowed in any way, stressing that it was detrimental to the civilized environment in Bahrain and that the government will never tolerate it.

He added that Bahrain's booming construction and investment was thanks to the government’s support to businessmen and investors and the private sector's activity and keenness on participating in the development.

He stressed that he attached great importance to the inspiration and vision of businessmen, especially in light of the current trade and economic conditions, and what can be achieved to stimulate business and economic activity through partnership with the private sector.

According to a report issued by Bahrain Economic Development Board in Bahrain, the value of investment projects is estimated at USD32 billion – these projects are conducted by the government and the private sector.

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