The Minister of Industry, Commerce and Tourism Mr. Zayed R. Alzayani affirmed that hosting a global company such as BASF in the Kingdom of Bahrain is a positive indicator of the Kingdom's ability to attract the world's leading investments in the Middle East. This came during a meeting with Vice President of BASF Mr. Frank Fasdernes, in presence of Undersecretary of Industry Affairs Mr. Osama Alorrayedh and a number of BIIP officials.

The Minister reviewed the latest development of the industrial sector in the Kingdom of Bahrain, pointing to the vision and strategies adopted by the government and its success in making Bahrain an investment gateway for various projects.

The minister confirmed that the Kingdom of Bahrain welcomes all investments that contribute to raising the rates of economic growth and investment, especially in light of government and Ministry orientations and strategies in developing legislation and procedures for commercial, investment, and tourism activities to achieve Bahrain Economic Vision 2030.