According to the December 2017 Bahrain Economic Quarterly issued by the Bahrain Economic Development Board (EDB), transportation and communication was the third fastest growing sector of the Kingdom’s economy in the third quarter of 2017, with an annual real growth rate of 6.6%, up considerably from the 3.2% average recorded over 2016, when it was the fifth largest growing sector. The willingness of Bahrain to invest heavily in major transport infrastructure improvements point to a promising future for the sector, with increased opportunities for the economy. Efforts to streamline customs procedures and to liberalise the sector are also welcome developments, and could further encourage export-driven and logistics companies to set up shop in the Kingdom.
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1 Oxford Business Group Report 2018