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BIW free zone moves forward

by CW staff on Nov 25, 2006

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Bahrain is positioning itself as a key destination for industrial investment following the launch last week of the US $1.3 billion (BD490 million) Bahrain Investment Wharf (BIW).

The project aims to encourage businesses to invest in Bahrain, and create an influx of capital that will boost the economy. “With the Bahraini government signing the free-trade agreement with the US, it will attract medium and light industries,” said Muhannad Al-Durrah, CEO, BIW. (see page 13)

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