Bahrain’s foreign direct investment (FDI) hits a new record US$1.95 billion in 2022, while global FDI is down 12% over the same period.
His Excellency Khalid Humaidan, Chief Executive Officer of the Bahrain Economic Development Board Referring to this success as A milestone of nearly $2 billion in FDI inflows. This shows that investors have strong confidence in the value that Bahrain has to offer. We promote both domestic and foreign investment. Backed by a highly skilled workforce and the most cost-effective operating costs to be the gateway to the region.
The Chairman added that This unprecedented increase in FDI inflows is underpinned by the Bahraini team’s agility in driving strong investment and securing value-added projects in key sectors. I am confident in our ability to continue attracting investment in 2023 and into the future.
Bahrain has made impressive progress in diversifying its economy. Expanding opportunities for domestic and international businesses and maintain a stable level of investor confidence as well as continuously increasing the amount of FDI money flowing into the Kingdom
Bahrain has long tried to diversify its economy. But the Economic Recovery Plan (ERP), set up in 2021, focuses on developing the country with the goal of making Bahrain more competitive internationally. The plan sets new economic priorities and strategically focuses on high-value sectors.
In addition, Bahrain has launched its Golden License and is committed to simplifying trade and regulatory processes to foster a more business-friendly environment in the country.
