iGA to research on foreign investments
Manama : In an initiative to equip decision-makers in setting appropriate policies to attract more investments, Information & eGovernment Authority (iGA) is conducting the Foreign Investment Surveys for Bahrain.
The survey is being conducted in collaboration with Bahrain Economic Development Board (EDB), Central Bank of Bahrain, and Ministry of Industry, Commerce and Tourism with the purpose of measuring the volume of foreign investments in the Kingdom.
In regards to the survey, iGA Director General of Statistics Dr. Nabeel bin Shams stated that these surveys aim at building an integrated database of foreign investment statistics in the Kingdom and to equip decision-makers with accurate, updated statistics in the field of investment.
“The survey enables them to take necessary decisions in order to create the right climate to attract investments.It also aims to provide global organisations with statistics that show Bahrain’s position within the international investments map, identify the role of foreign investment in national economy, as well as distribute the investment in the Kingdom according to the economy sector, while showing the extent of its impact on the various sectors,” Dr Nabeel stated.
The survey aims at identifying the foreign investment sources in the country according to investment countries and their nationalities.
It also aims at distinguishing the attracted investment sectors in the purpose of focusing on them or shifting to other development sectors which do not attract foreign investors.
The Information & eGovernment Authority invites all establishments of foreign investments which have been selected to collaborate with field researchers, assigned by the
authority, to disclose required information.
The authority commits to abide by complete confidentiality in handling the data for statistical purposes only - under Decree Law No. 7 of 1977.
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