MANAMA: Bahrain offers exciting investment opportunities for US companies, a top government official said yesterday.
Bahrain Economic Development Board (EDB)’s chief executive Khalid Humaidan discussed the long-standing relationship between Bahrain and the US as seen through successful direct investments and trade.
Mr Humaidan was speaking as the American Chamber of Commerce in Bahrain (AmCham) hosted its annual general meeting.
Mr Humaidan discussed the long-standing relationship between Bahrain and the US as seen through successful direct investments and trade.
Success stories shared included Citi’s new global tech hub in Bahrain, Mondelez’s state-of-the-art manufacturing facility, and AWS’ cloud data centre.
Mr Humaidan highlighted the $30 billion strategic projects revealed as part of Bahrain’s Economic Recovery Plan and the exciting opportunities for US companies to consider, including the newly launched US Trade Zone which will provide a customised setting to attract more American companies to invest in Bahrain’s logistics and manufacturing sectors to reach the wider regional and global markets.
AmCham Bahrain president Qays Zubi presented AmCham’s accomplishments from the past year which included membership growth despite Covid, hosting 33 events covering a wide variety of topics and experiences relevant to the members and business community and providing a record number of B2B introductions.
The value of membership was emphasised by highlighting several new member benefits. In co-operation with the US Embassy in Manama, to facilitate Business Travel to the US, AmCham can assist members by requesting expedited visa interview appointments for business travellers.
Members were encouraged to utilise AmCham Bahrain’s strategic partnership with AmCham Mena – a regional council of 12 AmCham chapters.
Membership not only brings connections between Bahrain and the US but also regional connections that can help build relationships and businesses.
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