Manama, November 24 (BNA) Minister of Finance and National Economy Sheikh Salman bin Khalifa Al Khalifa stressed the importance of upcoming initiatives aimed at supporting the recovery of the Kingdom of Bahrain, stressing the most important development projects that were revealed today.
He highlighted the economic recovery plan that followed the directives of His Majesty King Hamad bin Isa Al Khalifa, announced by the government headed by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.
He said in a press statement, that the recovery roadmap aims to support the economy and create job opportunities through partnership with the private sector and the legislative branch of the government.
He pointed out that the announced projects will take place in different stages, adding that each project has its own time plan and economic feasibility.
He said that the planned cities announced today will be residential, logistical, tourism and industrial hubs, adding that the necessary standards were taken into account when planning them to preserve the environment, wildlife and marine life.
He said, “A large part of the economic recovery plan is related to facilitating investment procedures and controls,” noting that the required amendments will be made in cooperation with the legislative authority as a primary partner.
The minister said that the projects unveiled today reflect Bahrain’s determination to move forward and achieve the objectives of the economic recovery plan through collective action.
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