BCCI recognises Sectoral Committees’ contributions to private sector

TDT | Manama

Email: mail@newsofbahrain.com

Chairman of the Bahrain Chamber, Sameer Nass, expressed his appreciation to His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, for his continued support of economic development and the strengthening of partnership w th the private sector. He also commended the support of the Government of the Kingdom of Bahrain, along with the cooperation of the Ministry of Industry and Commerce and relevant authorities, which contributed to creating a supportive business environment and enabled the sectoral committees to perform their roles efficiently. This came during a ceremony recognizing the efforts of the ten sectoral committees on the occasion of concluding their work for the 30th administrative cycle (2022–2026) and the achievements realized during this period.

Nass affirmed that the 30th cycle marked a pivotal mile - stone for the Chamber amid global economic challenges, highlighting how the sectoral committees turned obstacles into opportunities that strengthened the business environment and private sector competitiveness. He credited this success to the support of the Board of Directors, institutional integration, and teamwork, which reinforced the Chamber’s role as a strategic partner in economic development.

He praised the national competencies and expertise within the committees, noting their role in developing initiatives and economic proposals that drive growth and sustainability. These committees act as the Chamber’s advisory and specialized arm, addressing sectoral challenges and opportunities in line with its strategic vision and Bahrain’s development priorities.

Nass added that the Chamber restructured the committees according to international best practices, reducing their number from 28 to 10 to unify efforts and enhance efficiency. This allowed them to better monitor challenges and propose practical solutions, including key economic issues such as commercial fees.

High-quality recommendations

Vice Chairman of the Bahrain Chamber, Khalid Najibi stated that the sectoral committees have consolidated their role as an advisory body supporting economic decision-making through insights and recommendations that reflect sector realities and anticipate future trends. He noted that the annual sectoral committees conference represents a continuation of the Chamber’s efforts to provide government entities with high-quality recommendations that promote market stability, growth, and sustainability. He also expressed his appreciation to the chairpersons and members of the committees for their voluntary efforts and strong sense of national responsibility, which positively reflected on performance and outcomes during this cycle.

Second Vice Chairman of the Bahrain Chamber, Mohammed AlKooheji, emphasized that the sectoral committees serve as an effective link between private sector aspirations and government programs through well-considered recommendations that support development. He stressed the importance of strengthening public-private partnerships to transform these recommendations into implementable policies and initiatives, enhancing their tangible impact. He also commended the dedication of committee members, whose voluntary contributions were reflected in the quality of results achieved during the 30th cycle.

Strategic investment

Meanwhile, Vice Treasurer and Head of the Steering Committee of the Bahrain Chamber, Waleed Kanoo, noted that the committees have achieved tangible results since launching their action plans in July 2022. These efforts included submitting numerous recommendations to government entities and holding coordination meetings with relevant stakeholders, contributing to addressing challenges faced by small traders and small and medium-sized enterprises.

Kanoo concluded that empowering the sectoral committees represents a strategic investment in the future of the national economy, as it enhances sector competitiveness and productivity. He expressed his aspiration to continue this approach in the coming phase to expand achievements and maximize developmental impact, supporting sustainable economic growth in the Kingdom of Bahrain through partnership and integration among all stakeholders.