Bahrain economy is
dominated by the industrial sector, which contributed approximately 52.4% to
the total GDP in 2015. Manufacturing is the
major contributing 16.8% of GDP. Bahrain’s government has the new National Development
Plan, Vision 2030 with the main goal of restructuring the country’s economic
infrastructure and diversifying the economy away from oil and gas. The non-oil
sectors such as retail sector, healthcare sector, education, residential
housing, and banking and financial sector is expected to drive economic growth
during the forecast period. The new pipeline
project between Bahrain and Saudi Arabia boost the economy of Bahrain.
Lucintel, a leading global
management consulting and market research firm, has analyzed the political,
economic, social, technological, legal, and environmental factors of Bahrain
and has come up with a comprehensive research report, “PESTLE
Analysis of Bahrain 2016”. This report provides an analysis of the Bahrain economy from
historical, current, and future perspectives. SWOT analysis, scenario analysis,
and risk analysis of Bahrain is also included in the report. The report also
includes forecast for Bahrain’s economic growth through 2021.
The report
highlights various drivers and challenges which have influence on investment decisions
in the economy. The political system of Bahrain lies within the framework of a
constitutional monarchy. Bahrain has strong international assessments of the
business environment. Bahrain has well-educated
workforce, leading to skilled labor pool that is beneficial for the
techno-based industries, such as telecom, IT, automobile, and business
services. The country, however, is facing social challenges that include
increasing crime rate, which is raising the level of corruption. Bahrain is
highly dependent on its oil revenue, which is one of the main challenges. If
oil prices decline, it directly affects the country’s GDP. The other challenge
for Bahrain is low R&D investment. Another challenge for Bahrain has to
depend on other countries for food because Bahrain has very low agriculture
productivity.
This 80-page research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents and pricing
information on this timely, insightful report, contact Lucintel at
+1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides
cutting-edge decision support services that facilitate critical decisions with
greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com.
You can also contact us through Live Chat in its website to answer your
questions in real time. Lucintel offerings include Industry/Market
Analysis, Due Diligence,
Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT
Matrix.
About Lucintel
Lucintel, the premier
global management consulting and market research firm, creates winning strategies
for growth—whether you need to understand market dynamics, identify new
opportunities, or increase your profitability. It offers market assessments,
competitive analysis, opportunity analysis, growth consulting, M&A, and due
diligence services to executives and key decision-makers in a variety of
industries. Over the last 15 years, Lucintel has served over 1,000 corporations
in 70 countries. For further information, visit www.lucintel.com.
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