17 Sep 2024

Bahrain and Hong Kong Strengthen Ties Through Key Sector Collaborations

Second Vice Chairman of the Bahrain Chamber, Mohammed Al Kooheji, highlighted the promising opportunities for collaboration between Bahrain and Hong Kong across key sectors, including education, healthcare, technology, and industry. He emphasized that these sectors provide a solid foundation for strengthening economic ties between the two countries. This came during his visit to the Hong Kong General Chamber of Commerce, in the presence of Bahrain Chamber’s board member, Yaqoob Alawadhi.

Al Kooheji also emphasized that Bahrain aims to leverage Hong Kong's expertise in these sectors by fostering knowledge exchange and establishing strategic partnerships. These efforts will facilitate technology transfer and the advancement of economic infrastructure, thereby strengthening bilateral cooperation and unlocking new opportunities for sustainable development.

For his part, Chief Executive Officer of the Hong Kong General Chamber of Commerce, Patrick Yeung highlighted Bahrain's significant influence on both the regional and international stage, noting its esteemed reputation within Hong Kong's business community. He pointed out that Bahrain’s business environment is closely aligned with that of Hong Kong, making it an ideal destination for expanding trade and investment partnerships across a wide range of sectors.

Al Kooheji also held a meeting with the Chinese Manufacturers' Association of Hong Kong (CMA) in the presence of Executive Committee Member and Chairman of the Association's International Affairs Committee, Marvin Hsu along with the association’s team, where they explored opportunities for industrial and commercial cooperation between Bahrain and Hong Kong, as well as strategies to strengthen these ties. Al Kooheji invited the association, along with an industrial and economic delegation, to visit Bahrain and explore collaboration across various sectors, which would help enhance bilateral relations and expand trade exchange. 

 

He also highlighted Bahrain’s attractive incentives for foreign investment, including tax exemptions, a skilled workforce, wage support, and free trade agreements and emphasized its strategic position as a gateway to Saudi Arabia and GCC markets for Hong Kong companies.

 

LA

 

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