EDB attracted BD314m in investments last year
The Bahrain Economic Development Board (EDB) attracted 92 companies and investments worth BD 314 million (US$830 million) in 2018, it emerged. These achievements were announced at the annual EDB Reception that was attended by strategic partners from both the public and private sectors and more than 200 investors, industry peers, and officials.
The investments are expected to generate about 4,700 new job opportunities over the coming three years, across industries like logistics, manufacturing, tourism, real estate, education, healthcare, ICT, and finance.
In his keynote address to the audience, Khalid Al Rumaihi, Chief Executive of the Bahrain EDB, attributed the accomplishment to the visionary directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and Chairman of the EDB, along with Team Bahrain - a model of public-private sector collaboration.
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