Land Investment Platform fast-tracks development projects

Manama, Nov.6 (BNA): Finance and National Economy Ministry Assistant Undersecretary for Resources and Information Noora Hassan AlAssam stressed the crucial role of the private sector in spurring growth.


Al Assam stressed the need to further support the private sector which represents a driving engine and an active partner in Bahrain's economic development.


She stressed the importance of the Land Investment Platform which was launched by the Government  on April 6, as an innovative way to streamlined procedures.


"The platform aims to develop a governance mechanism for procedures related to government properties, enhance transparency and involve the private sector in providing services, and attract investments under the recovery plan", she said.


She noted that the platform constitutes also a unified hub aimed at listing government lands available for investment in one place, and making lands data available to those wishing to invest in them.


She stressed the importance of the platform in fast-tracking the implementation of projects, optimising the use of government lands, stimulating the investment and the real estate sector, in addition to strengthening partnership with the private sector.




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