Speaking at a State reception, here, he said the visiting delegation held serious discussions on some programmes and logistics in real estate and technology.
The kingdom would do business in most profitable sectors for both the State and Bahrain. The exact numbers regarding the investment and business would be let known later.
He said Bahrain was diversifying from the oil industry. There were 2,100 registered companies in the country with Indian partnership, which was not enough.
The Indian community in Bahrain had proved that it was a true partner in building a better future for Bahrain, its residents and its citizens.
“I came here to say thank you to the people of Kerala. The State accounts for around 65 per cent of the Indian population in Bahrain. Indians occupy around 30 per cent of the Bahrain population. I want to thank the Indian community in Bahrain for their contributions,” he said.
In his address, Chief Minister Oommen Chandy pointed out that there were nearly 2.5 lakh Keralites in the kingdom. The foreign exchange remittance from non-resident Indians amounted to around Rs. 50,000 crore last year, which was the backbone of the economy of the State. He lauded the tremendous progress achieved by the kingdom due to the vision and leadership of the rulers of the country.
Khalid bin Ahmed Al Khalifa, Minister of Foreign Affairs; Kamal Ahamed, Minister of Transportation; and Mohammed bin Essa Al-Khalifa, political and economic affairs adviser, were in the visiting delegation.
The delegation held discussions with the State Ministers regarding business opportunities in India and Bahrain.
Industries Minister P.K. Kunhalikutty and Culture Minister K.C. Joseph spoke.
Union Ministers K.V. Thomas, E. Ahmad and Vayalar Ravi and State Ministers attended the deliberations.
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