In alignment with the address delivered by His Majesty King Hamad bin Isa Al Khalifa during the opening of the fourth session of the fifth legislative term of the Shura and Representative Councils, His Majesty called on business owners within the state’s production, services, and economic sectors to propose innovative initiatives for economic advancement. Following the Cabinet's approval, chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, the Economic Recovery Plan has been officially launched, under the stewardship of the Ministry of Finance and National Economy.
The plan outlines five strategic priorities, one of which focuses on streamlining commercial procedures and enhancing their effectiveness to attract investments exceeding $2.5 billion by 2023. This priority encompasses seven targeted programs, including the introduction of the Government Lands Investment Platform. This platform features available government land for investment, clearly delineating the types and objectives of potential investments, thus allowing investors and developers to submit their applications with transparency and equity.
I am delighted to invite you to explore this platform and review the government lands available for investment across various sectors, including commercial, entertainment, education, health, and more. Our aspiration is to achieve meaningful developmental goals for the Kingdom of Bahrain, fostering growth and prosperity for our nation and its citizens.
Salman bin Khalifa Al Khalifa
Minister of Finance and National Economy