Kanoo expressed his sincere gratitude and appreciation to His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness the Crown Prince and Prime Minister for their continued support of strategic projects that advance regional development. He noted that Bahrain’s hosting of the signing ceremony, coinciding with its presidency of the 46th GCC Summit, reflects the Kingdom’s active role in advancing Gulf cooperation.
Kanoo highlighted the GCC Railway Project as a vital initiative expected, once operational, to facilitate trade and freight movement, reduce transportation costs, and improve supply chain efficiency, strengthening the competitiveness of Gulf businesses and expanding their access to regional and international markets.
He added that the project presents promising opportunities across logistics, industry, trade and tourism, while reinforcing Bahrain’s position as a regional trade and logistics hub, supported by its strategic location and advanced infrastructure. It is also expected to create new opportunities for small and medium-sized enterprises (SMEs) through the expansion of commercial activities and transport-related services.
Kanoo affirmed the readiness of Bahrain’s private sector to capitalize on the project’s commercial and investment opportunities, stressing the importance of cooperation between government entities and private sector institutions across the GCC to maximize its economic benefits.
He reiterated the Chamber’s commitment to representing the interests of Bahraini businesses, encouraging partnerships with Gulf companies, and supporting initiatives that contribute to the region’s long-term economic growth and prosperity.
