Why
Global Investments?
It makes sense to invest abroad now, despite
the challenges being faced by developing economies. International assets return
high growth in the long run and are undervalued at this time, because of the
fact that they are located outside the North America-European Union zone.
The
Persian Gulf and Bahrain
The GCC region is a unique destination for global investments for several reasons. Oil
and gas have helped develop infrastructure in the Persian Gulf countries. In
recent times, many efforts have been made by this region to diversify its
economies. Cultural barriers and political distinctions are being overcome by
deliberate and determined effort.
Situated strategically at the transit point
of the waterways through which travels most of the oil needed by Western
markets, Bahrain is steadily increasing its visibility as an economic force.
Bahrain has made it easy for foreign firms
and investors to do business by liberalizing many sectors of its economy,
diversification to different industries, such as financial services and
manufacturing, ICT and logistics, ensuring a fair and transparent regulatory
and legal framework.
Professional
and Industrial Services Sector
Professional services is a term used to
cover a range of occupations with intensive knowledge and skill, and requiring
professional licenses to set up practice. Hence architects, accountants,
doctors, lawyers, management consultants, etc, would fit in this definition.
There is great scope for such practitioners in Bahrain's progressive and
wealthy society.
Industrial Services, on the other hand, are
those processes that add value to engineered products, such as design,
maintenance or inspection. Bahrain is already considered the region's manufacturing
hub.
Bahrain offers the following advantages over
other Gulf countries in welcoming global investments, especially from Italy:
1.
It is the leader in ease of
doing business, according to the World Bank.
2.
Most free economy in the Middle
East, according to the Wall Street Journal.
3.
Lowest costs to run your
business or hire employees, both local and foreign.
4.
Highly liberalized financial
Sector and associated services.
5.
Politically stable and secure.
Bahrain has good relations with all GCC countries, as well as the US and
Europe.
6.
Most skilled and educated
workforce with very high Human Development indicators (UNDP 2014)
7.
Remarkably open, friendly and
progressive society.
In addition to these advantages, Bahrain
provides active assistance to foreign businesses and global investments through its Economic Development Board, which
is waiting to aid your interests at every step, making sure you get the best
treatment in all of West Asia.