Mon, 10 January 2022
The Kingdom of Bahrain has won two global awards for its Foreign Direct Investment (FDI) strategy by the fDi Intelligence Awards 2021. The awards are based on the performance of 34 International Promotion Agencies (IPA’s), focusing on IPAs that stood out in rankings published by ‘fDi Intelligence’ in the past year.
FDI Intelligence named Bahrain the winner of ‘fDi’s choice Bespoke Award for Infrastructure Developments’ making the Kingdom the only GCC country to receive the award in the field. According to the fDi Intelligence Awards 2021, the award is in appreciation of the Kingdom’s development projects that have led to the enhancement of infrastructure capabilities across several areas including increasing the capacity of airports by 75 percent. This is in addition to investments worth billions of dollars in transportation networks, and huge investments in the real estate sector, with a focus on medical services and the education sector.
The Bahrain Economic Development Board (EDB) was awarded ‘fDi’s choice Bespoke Award Staff training’ in recognition of EDB’s upskilling efforts, as well as its strategic approach to developing technical, business and leadership skills.
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