A $10billion tri-nation project will usher in a new era of cooperation

A $10billion tri-nation project will usher in a new era of cooperation

Manama: Mahmood Rafique, Editor: A tri-nation project, with an economic outlay of $10 billion, envisaged by Bahrain, Jordan and Egypt will provide a strong pillar to meet the challenges as food security, agriculture, pharmaceuticals, and industrial sector.

This was stated by the Minister of Finance and National Economy Bahrain and said that as part of a medium to a long term strategy issues related to food security, development, industry and other vital sectors of the economy are earmarked and will be targeted through this three nation project.

“Currently, we have $30billion development projects in the pipeline, the Kingdom of Bahrain’s economy is treading on the right path of development and posted a healthy yield in terms of growth in the first half of the year,” he said.

Shaikh Salman bin Khalifa Al Khalifa, the Minister of Finance and National Economy during a media briefing revealed that all economic indicators show that the growth patterns have impacted positively. “From January to October around 24,000 new jobs added and the sustained growth will further bolster the economy towards the end of the year.

The Minister Finance, who was joined by Noor Bint Ali Al Khulaif, the Minister of Sustainable Development, was speaking at