Published On:October 3 2007
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Bahrain seeks investment from India
Coimbatore: The Economic Development Board (EDB), a Bahrain Government agency which is responsible for formulating and attracting direct investments, is now doing the rounds in Coimbatore, to lure prospective investors into investing in that country. The team is visiting this region for the second time, albeit six years after the earlier round.
Keen on facility
Recalling his earlier trip, Dr Ganesh Raja, Country Manager (India), EDB, Bahrain, said the participants then, had been keen on exploring the export potential. “Now they are setting sights on setting up their facility in Bahrain.
“The response has been positive,” he said, referring to the discussion plans and meetings lined up over the last two days.
Dr Raja was accompanied by EDB Business Development Officers Mr Adal Hameed and Mr Hamad Al-Mahmeed.
They were in the city to participate in a seminar on ‘Business Opportunities in Bahrain’, jointly organised by the Indian Chamber of Commerce and Industry, Coimbatore, Export-Import Bank of India and EDB, Bahrain.