Bahrain stands first in FDI per capita in GCC | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Bahrain stands first in FDI per capita in GCC | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Serving testimony to Bahrain’s efforts to diversify the economy and attract foreign investments, a study by a leading management consultancy firm has revealed that Bahrain has the highest Foreign Direct Investment per capita in the GCC along with an FDI inward stock of 92 per cent. The country’s national strategy is pivoting to become more sustainable and competitive by investing in future-defining oilproof sectors, as the COVID-19 pandemic underscored the need for economic growth through the accelerated uptake of innovation and digital economy, the management consultancy observed. “As a result,Bahrain has amplified plans for economic diversification through Foreign Direct Investment (FDI), backed by several competitive advantages that make FDI attractive.” This was revealed by Arthur D. Little (ADL) in its latest report entitled Situating the Kingdom of Bahrain in a Future World: Opportunities for Foreign Investment. The report analyses the opportunities and challenges awaiting Bahrain in light of neighbouring economic activity and an increasingly tech-oriented global economy, providing insight on how Bahrain can ultimately become a economic powerhouse. “Despite being a smaller market in regional terms, the Kingdom of Bahrain’s highly favorable investment environment is clear for all to see,” explained Andreas Buelow, Partner, Arthur D Little Middle East. “The