Outlook for Industry in Bahrain 2013-2014
Despite many challenges, such as high gas prices translated into energy costs and lack of available land, the outlook for industry in Bahrain is remains positive. Amin A. Al Arrayed, General Manager of First Bahrain, makes the case for the rapid growth of industry in Bahrain.
Despite many challenges, such as high gas prices translated into energy costs and lack of available land, the outlook for industry in Bahrain is remains positive. Amin A. Al Arrayed, General Manager of First Bahrain, makes the case for the rapid growth of industry in Bahrain.
He argues that the infrastructural investments should enable rapid development, “It’s the fact that the government has invested so much in infrastructure to support that sector. For an investor who’s looking to make an investment, it’s very important that you align yourself with government spending and especially in the Gulf where the government usually is the driver of the economy. I can tell you this from personal experience being involved in Majaal.”