Tourism project investments in Bahrain reach over $13 billion

Published on : Friday, December 29, 2017

indexThe Bahrain Economic Development Board (EDB) recently said that investment in Bahrain’s tourism infrastructure has reached over $13 billion. The board said that 14 prominent projects will further boost growth in the Kingdom’s tourism and leisure sector.
The tourism sector of Bahrain witnessed rapid growth over the past year, with total number of tourists visiting the Kingdom increasing by 12.8 percent in the first nine months of 2017. Further development is also being made for tourism infrastructure to support this growth, which plays a significant role in Bahrain’s economic diversification efforts.

 
“The total number of tourists visiting Bahrain reached 8.7 million during the first nine months of this year, a significant number considering our resident population of only 1.5 million people,” said Dr. Simon Galpin, managing director of Bahrain EDB.

 
Tourism investment projects are part of Bahrain’s large-scale infrastructure development across a wide range of sectors and are valued at over $32 billion. As part of these advancements, the Bahrain International Airport is undergoing a $1.1 billion upgrading program, set to increase passenger capacity from nine to 14 million per year by 2020. This will go hand in hand with the new five- and four-star hotels and resorts in the tourism development pipeline that will cater to current and future demand.

 
Development of a number of shopping malls like Dilmunia Mall and the Marassi Galleria shopping complex are also being considered.

 
Furthermore, Bahrain’s tourism strategy also extends to medical-tourism projects.

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