A delegation from the Saarland state in Germany met a number of business leaders in Bahrain to discuss key economic developments in the kingdom, and to prepare for an official visit to Bahrain soon.
Saarland is considered a hub for innovation, scientific research and cutting-edge technology services in industrial and automotive sectors.
The delegation visited the Economic Development Board (EDB) to explore the investment environment in Bahrain.
This included its competitive advantages such as strategic location in the region, developed infrastructure and legislative systems, a qualified national workforce, low cost of living and high human development rates.
Through a presentation, the EDB also highlighted Bahrain’s resilience in dealing with economic changes, which has been demonstrated through its high ratings in a number of international indices when compared with other countries in the region.
The presentation also showed investment opportunities in Bahrain which attract many companies and investors globally and features which qualify Bahrain as the ideal gateway to the $1.6 trillion GCC market.
‘We believe visits like this provide a valuable opportunity to highlight the advantages and competitiveness of the Bahraini economy to investors from around the world,’ EDB executive director of business development Vivian Jamal said.
During the visit, the German delegation also met senior officials from Mumtalakat, Tamkeen, Bahrain Logistics Zone, as well as the Bahrain International Investment Park.
The delegation also visited the Bahrain operations of German firm RMA.