Bahrain has announced its intent to invest US$22 billion in infrastructure over the next four years covering various sectors, said Kamal bin Ahmed, minister of transportation and acting chief executive of the Bahrain Economic Development Board (EDB).
The projects will help boost the national economy and strengthen the Kingdom’s regional competitiveness.
The projects include Bahrain International Airport modernization project, development of Al Jazair Beach, investment projects in Durrat Al Bahrain and modernization projects.
“The infrastructure projects are part of a wider effort by the Kingdom, which aim at diversifying the economy, as well as drawing quality investment, in order to support long term sustainable growth, create quality job opportunities, and increase the standards of living,” said the minister.
The Bahrain International Airport modernization project is currently underway at the Bahrain International Airport and will increase the airport’s capacity from nine million to more than 14 million passengers.
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