Bahrain thrives on $30bn infrastructure pipeline

A $30 billion pipeline of infrastructure projects, which will draw investment in high-potential industries, will support Bahrain’s steady growth. According to a survey, Bahrain will be able to build solid foundations for the next stage of its growth goals because of its important financial and industrial sectors.

The aim to involve the private sector in the pipeline of infrastructure projects that are projected to boost growth in a number of sectors is detailed in the study written by the international research and consultancy firm Oxford Business Group (OBG).

It highlights the initiatives created to make it easier for people and commodities to move inside and across the boundaries of the kingdom and enhances the nation’s standing in the local logistics sector.

It also looks at upcoming projects that will help Bahrain’s tourist industry grow now that limitations related to the epidemic are being loosened, which is reviving the industry and boosting visitor counts.

The research, according to OBG, highlights the pipeline of infrastructure projects that are anticipated to promote growth in a number of businesses, including luring investment into high-potential sectors and launching expensive infrastructure projects.

It examines the most recent changes in the nation’s thriving financial industry, which competes with oil and gas as the economy’s biggest contributor. One of the subjects looked at is the nation’s rise to prominence as a hub for financial technology.