Manama: A decision to double the rates for leasing industrial land to BD1 per square metre, increase rates for logistics services land fourfold to BD4 and more than 600 per cent for commercial exhibitions land to BD9 per square metre has caused cpncern among business owners.
The new rates will affect their businesses as well as the services provided to end users, which will negatively impact the investment climate in Bahrain and eventually the national economy, they told our sister paper Akhbar Al Khaleej .