The Bahrain Economic Development Board (EDB) has successfully secured record investments worth BD680 million ($1.804 billion) last year, it has been revealed.
These cumulative investment commitments are expected to create more than 7,400 employment opportunities over a three-year period, in addition to the job opportunities generated annually by the national economy.
The statistics were revealed when His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Prime Minister and EDB chairman, chaired a meeting of EDB board of directors at its headquarters at Bahrain Bay yesterday.
HRH Prince Salman highlighted Team Bahrain’s continued successes across various fields, emphasising that their relentless efforts drive the kingdom’s comprehensive development, under the leadership of His Majesty King Hamad.
The EDB’s achievements in 2024 and its goals for 2025 were reviewed, along with discussions on key global economic developments, including efforts to attract investments across priority sectors.
HRH Prince Salman emphasised the importance of enhancing the kingdom’s competitiveness to attract investments, thereby contributing to the creation of quality opportunities for Bahraini citizens.
He stressed the importance of building on these achievements through strategic planning to further enhance investment opportunities, both regionally and globally.
He also expressed pride in the EDB’s efforts to enhance economic diversity, highlighting that these efforts will create sustainable development opportunities that benefit all.
Sustainable Development Minister and EDB chief executive Noor Al Khulaif delivered a presentation highlighting the EDB’s achievements in attracting direct investments.
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