08/09/2014
Anticipated further growth of economic and trade exchange
Al Oteishan King Hamad Bridge will be adding an important strategic Gulf relations and the evolution of logistics qualitative Bahraini Saudi relations
Head of the Board of Directors of the Chamber Abdul Rahman Saleh Al-otaishan said that the business sector in the eastern region considered with interest and keen appreciation for the establishment of the ' King Hamad bridge ', referring to the economic, commercial, social and cultural rights to the project, and the many positive effects on bilateral relations between Saudi Arabia and the Kingdom of Bahrain, in addition to its broad dimensions of GCC ', adding that the project will be moved to ' quality ' important Gulf ties, and that he would convey the relationship between the six members of the Gulf Cooperation Council Arabic to wider prospects, saying the project an important step on the road to promote economic integration of the Gulf.
Al Otaishan said that the announcement by Saudi Arabia and the Kingdom of Bahrain about the establishment of a second bridge linking the two kingdoms ' King Fahd bridge ', which was established in 1986 is a significant leap in physical geography and of the General Council, and the two ' bridges ' in particular, saying that the new bridge, called the custodian of the two Holy Mosques King Abdullah bin Abdulaziz Al Saud name «King Hamad bridge», the custodian of the collection with King Hamad Bin Issa Al-Khalifa city Jeddah, recently, would promote trade and economic exchanges between the two kingdoms, and was supportive of the aspirations of the peoples of the GCC States and trends towards greater integration and unity.
The new bridge, which will include two tracks of the train, one passenger and one cargo, and a track for automobiles will offer extensive services for the economic and trade performance of the private sector in Saudi Arabia, the Kingdom of Bahrain, and that will relieve pressure and hustle on the King Fahd bridge, and to accommodates growing traffic and transportation between the two countries, and to achieve greater traffic fluidity, and to remove all the obstacles to the commercial traffic in particular, necessitates a new bridge, meaning that the announcement of the new project represents the ' response ' to the expectations Businessmen and investors on both sides, in addition to being matched expectations ' Gulf ' towards the integration and strengthening of trade relations, cultural and social cooperation Council Gulf Arabic, he would have many positive aspects, and on more than one level.
Al Otaishan said that King Hamad bridge ' project ' will link the North of the Kingdom of Bahrain with Saudi Arabia and that will contribute to the development of logistics ' structure ' of the economic environment of the Gulf in particular, in the light of the process of managing the flow of goods, energy, information and other resources of the Gulf of development and growth, within the broader science aimed at the development of relations among the States of the Gulf Cooperation Council, Arabic in the economic, social and cultural fields. The train is the new bridge is one of the most important stages of partnership projects and the cooperation Council for the Gulf Arabic, the GCC leaders by time period to be the train project on the ground by the end of 2018, so linking the six GCC train from Kuwait northward to Muscat to the South, with each of the six routes in its territory, and would be implemented and configured to link with the rest of the States.