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1,000 PROJECTS.

Byline: MANDEEP SINGH

MANAMA: Bahrain's private sector is to get a major boost with the launch of 1,000 projects to aid small- and medium-size businesses. Funds amounting to BD12.3 million have already been set aside for the venture, Tamkeen chief executive Abdulellah Al Qassimi revealed yesterday.

It will be the first step towards helping Bahraini entrepreneurs to dramatically improve their businesses and boost the economy, he added.

The announcement was made during the opening of the Tamkeen Growth Management Forum at the Gulf Hotel, held to highlight its programmes to support the private sector.

"Bahrain's entrepreneurs and business community have been instrumental in the success of Tamkeen's programmes and these businesses attending the forum are a big boost for budding businessmen," said Mr Al Qassimi.

The announcement came as Tamkeen officials revealed 5,800 people had already benefited from its projects.

mandeep@gdn.com.bh

Copyright 2009 Gulf Daily News

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Publication:Gulf Daily News (Manama, Bahrain)
Date:Oct 14, 2009
Words:160
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