EDB attracts German firms
The Economic Development Board (EDB) attended the 32nd International Supply Chain Conference in Berlin from October 28-30. While at the event, the EDB met with German business leaders looking to access Bahrain and the fast-growing GCC market.
The 32nd International Supply Chain Conference brings together more than 3,000 logistics leaders and industry experts for three days of knowledge sharing in Berlin.
Executive Director of Marketing and Communications at EDB Vivian Jamal, said, “We are looking forward to building on our existing relationships with German firms through conferences like this. With a modern logistics infrastructure, a highly competitive tax regime, and easy access to the fast growing $1.6 trillion GCC market, Bahrain is a logistics hub for the Middle East region.”
“We have the Gulf’s most efficient processing of trade goods with the shortest travel time between seaport, airport and logistics processing zones. Additionally, the Kingdom is set to invest $22 billion in key infrastructure projects over the coming years, across a range of sectors including transportation. We hope to welcome more German businesses to Bahrain where they can grow, create jobs, and further opportunities in Bahrain,” she added.
The event follows two recent high-level EDB delegation visits to Germany this year, including Transport Logistics in Munich, and the 6th Ghorfa Education & Vocational Training Forum in Berlin, signifying the strong relationship between the two countries.
Many German businesses have established operations in Bahrain including: BASF, RMA, SMS Meer, Armacell, Allianz Global Investors, and Hannover Re.
Leading German logistics companies with offices or facilities in Bahrain include: DHL, Schmidt Heilbronn, and Talke Group.
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