Manama : His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister and Chairman of the Economic Development Board (EDB), today chaired an EDB board meeting at its headquarters in Bahrain Bay. The EDB’s achievements in 2022, its goals for 2023, and progress on the Kingdom’s economic competitiveness and developments, in line with the Bahrain Economic Vision 2030, were reviewed.
His Royal Highness highlighted the importance of increasing efforts in further developing key priority sectors to meet the aspirations of Bahraini citizens.
HRH the Crown Prince, Prime Minister and Chairman of the EDB emphasised the private sector’s role as a main driver of the Kingdom’s comprehensive development, led by His Majesty King Hamad bin Isa Al Khalifa.
HRH Prince Salman bin Hamad noted the role played by Bahraini citizens in supporting the Kingdom’s national interests, by diligently prioritising far-reaching development goals and initiatives that benefit and support their present and future.
His Royal Highness highlighted that the Kingdom’s economic diversification strategy continues to advance, through the investment in available commodities and the adoption of effective legislations and policies, supporting direct investment and providing quality job opportunities for Bahraini citizens, in line with the Kingdom’s Economic Recovery Plan.
The Chief Executive of the EDB, HE Khalid Humaidan then presented the board with the EDB’s performance and achievements for the year 2022. The EDB succeeded in attracting investments for 89 projects exceeding BHD 415 million (USD 1.1 billion), which will contribute to creating more than 6,000 quality job opportunities for Bahraini citizens, over the next three years.
The Personal Representative of His Majesty the King, HH Shaikh Abdullah bin Hamad bin Isa Al Khalifa, the Representative of HM the King for Humanitarian Works and Youth Affairs, His Highness Shaikh Nasser bin Hamad Al Khalifa, the Deputy Prime Minister, HE Shaikh Khalid bin Abdulla Al Khalifa, the Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, as well as a number of senior officials and EDB Board members, also attended the meeting.