Published on : Monday, November 27, 2017
The figures, reported by the Bahrain Tourism & Exhibitions Authority (BTEA), show that Bahrain’s tourism industry is growing steadily, said the latest Bahrain Economic Quarterly published by the Bahrain Economic Development Board (EDB).
There are some developmental projects in the pipeline and is worth approximately $10 billion. These under-construction projects include the $159-million The Avenues shopping mall, hotel resorts The One & Only in Seef and The Wyndham Grand in Bahrain Bay.
This trajectory is set to continue in the near future and is has a high potential to impact the tourism industry, said the report. It also said Bahrain has a plan of infrastructure projects worth over $32 billion either under construction or scheduled for the near future.
Interestingly, the non-oil sector of Bahrain grew at a rate of 4.7 per cent in the first half of 2017 which is about 4 per cent higher than what was recorded in the whole of 2016.