Saturday, October 01, 2005

Bahrain 'best in Arab world for investments' :: Gulf Daily News

Bahrain's successful ranking was announced in the World Investment Report 2005 released last night at the United Nations Conference on Trade and Development (UNCTAD) at the Ritz-Carlton Bahrain Hotel.

Bahrain was ranked 27th in this year's world FDI rankings, performing better than expectations for its previous FDI flow.
. . .
Last year saw $10 billion go to the West Asia region, which includes the GCC. Of this almost 900 million flowed into Bahrain, which is considered to be extremely healthy for a country of its size.

"The actual FDI flow performance ranks countries in the world arena according to the levels of FDI they have achieved in relation to their available resources, whereas the potential FDI performance category ranks countries according to the potentiality of a country to attract more foreign investment taking into account its existing infrastructure," EDB CEO Shaikh Mohammed bin Isa Al Khalifa said.
UPDATE: Mahalanobis points out that FDI numbers don't always match up.



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