MANAMA: The Bahrain Economic Development Board (EDB) will take part in Transport Logistic Exhibition in Munich this week.
A high-level delegation will showcase investment opportunities within Bahrain’s growing transportation and logistics sector.
The Bahrain delegation will include Transportation and Telecommunications Minister Kamal Ahmed; EDB chief executive Khalid Al Rumaihi and senior representatives from the private and public sector. At the exhibition, the delegation will hold meetings with exhibitors, businesses and investors.
The EDB’s participation in the exhibition is part of its efforts to attract investment and create job opportunities in the local market. The exhibition is a world-leading trade fair for logistics, mobility, IT, and supply chain management. It acts as the business platform and driving force behind the global logistics and transport industry, and will include a comprehensive conference programme gathering logistics companies from around the world under one roof.
Mr Al Rumaihi said ahead of the roadshow: “Germany and Bahrain are strong trading partners with a history of co-operation in business. Our countries’ relationship has gone from strength to strength ever since we entered economic bilateral relations in 1972. Today, non-oil trade continues to grow between both nations, where it has grown from BD141 million in 2009 to more than BD198m in 2016.
Bahrain is the preferred location for many international logistics businesses, with companies such as DHL, Agility and the German Schmidt ME Logistics all choosing Bahrain as a hub for their operations in the Gulf.
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