Joint Economic Committee between Ministry of Industry and Commerce and …

Chairman and members expressed their deep thanks and appreciations to the leadership and government for their continuous support to the private sector and to pass chamber law, which had a deep impact it its work enhance its directions to public interest and enhance national cohesion.

During the meeting, they reviewed the developments of regulation project for chamber’s law.

They also discussed the developments of the new economic city, which comes under guidance of His Majesty the King to establish an integrated economic city comprises largest projects and economic facilities and which will hopefully transferred Bahrain significant economic leap in line with Bahrain Economic Vision 2030 objectives.

The Committee reviewed the latest developments of Export Development Center project; where the Ministry in collaboration with other stakeholders prepares to launch Bahrain Export Development Center in the Ministry premises.

In regard to establish a new company for exhibitions and conferences, the minister stressed BECA’s seek in collaboration with the private sector to present the project to investors , financial institutions and local bank to participate in financing the project.

Then the chamber launches perceptions on the issues of establishing vertical Industrial zone, where the ministry will study this project.

The chamber provided chamber’s visuals on special project for individuals and stalled due to bank financing.

They also discussed the developments in establishing a company for storage to support food security in the Kingdom of Bahrain.

At the end of the meeting, Dr. Hassan Fakhro appreciates the role played by BCCI because it consider as umbrella of the private sector and its role as investment front in the Kingdom. BCCI Chairman also praised Ministry efforts in reviving Kingdom economy.

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