Manama: Tamkeen and Bahrain Technology Companies Society (BTECH) have signed a memorandum of understanding (MoU) to co-operate on means to support and develop information and communications technology (ICT) firms in Bahrain.
The MoU comes as part of Tamkeen’s commitment to support initiatives aimed at serving private sector enterprises and fulfilling businesses’ needs in light of ICT advances in the kingdom.
Tamkeen chief executive Dr Ebrahim Janahi and BTECH board chairman Ubaidly Al Ubaidly signed the MoU at Tamkeen headquarters, in the presence of executives from both organisations.
“We all value the importance of ICT in our daily lives, and this sector has become pivotal for development,” Dr Janahi said.
“ICT advances have created a worldwide quantum leap in communication, information exchange and business facilitation.”
Many countries in the world have provided all types of support for ICT, overcoming challenges and mobilising capabilities to motivate the society and its institutions to adopt and develop technological options.
Based on that, Bahrain has sought to draw up plans to develop and expand the ICT sector to meet economic, social and education requirements, and encourage entrepreneurship and investment in these areas.
Under the MoU, Tamkeen and BTECH will work on studying initiatives, projects and programmes to develop ICT companies and encourage their continual growth, and enhancing Bahraini entrepreneurship regionally and internationally.
Mr Al Ubaidly stressed that the MoU will give a further boost to BTECH, established in 2012, to achieve its goals, which seek to support the kingdom’s improved economic efficiency by developing the performance of ICT companies and guiding them towards excellence.
Since its creation, BTECH, represented by all its members, has maintained its efforts to enhance the status of Bahrain in Gulf and international ICT markets and develop the role of the industry to help upgrade national economic performance in the sector.