Roundtable meeting between Belgian / Luxembourg institutions & Companies and the Ambassador of Bahrain in Brussels
On 20 September 2022, the Arab-Belgian-Luxembourg Chamber of Commerce hosted in their premises a roundtable meeting with HE Mr. Abdulla Al Doseri, Ambassador of Bahrain in Brussels, and a select group of Belgian and Luxembourg representatives and companies.
This two-hour roundtable gave the attendees the opportunity to extend their knowledge on Bahrain, which is the 8th largest economy in the world, and what makes it an ideal location for investment but also as a springboard to the MENA region.
Bahrain enjoys a key geographical situation with seaports - one of which is only a few kilometers away from the Bahrain international Airport - and is linked to Saudi Arabia by the King Fahd Causeway. What is more, Bahrain is building a metro network that connects throughout Bahrain to the other GCC countries
His Excellency Al Doseri presented the Bahrain economic landscape, which is among the most diversified in the GCC region, and offers businesses significant advantages such as, to name but a few, a sound banking system, no corporate taxes, and several mega projects that range from finance, logistics, and manufacturing to healthcare, wellness, and entertainment.
Bahrain is a real estate location. The country is in the process of constructing 5 new cities.
The Bahrain $30 billion recovery plan includes:
- cities construction
- educational development
- healthcare facilities development
- tourism development
- industry (aluminum and free-trade zone with U.S.A.
- Housing
- Youth and sport
This meeting also gave ample opportunity for His Excellency Al Doseri and the various attendees to get to know one another as well as discuss avenues of cooperation. Mr. Ambassador reiterated his willingness to contribute his support in strengthening the business, political and cultural ties between both sides.