APM Terminals Bahrain sets development plans and emphasizes commitment to Bahrain's Economic Vision 2030

The Board of Directors of APM Terminals Bahrain BSC., the operating company of Khalifa Bin Salman Port, convened for their scheduled board meeting to discuss the development plans for the terminal and outline key action points for the future. The meeting was attended by prominent members of the board, who reiterated their commitment to driving growth and fostering a thriving business environment in Bahrain.

During the meeting, Mr. Soren Sjostrand Jakobsen, Chairman of the Board of APM Terminals Bahrain, expressed his unwavering confidence in the company's potential for continued success. He paid tribute to the visionary leadership of His Majesty the King of Bahrain and the government led by His Royal Highness the Crown Prince and Prime Minister, acknowledging their crucial role in providing the nation with wise guidance. Mr. Jakobsen emphasized the board's determination to attract more foreign investments into the Kingdom, capitalizing on Bahrain's reputation as a business-friendly destination.

In his statement, Mr. Jakobsen remarked, "We have full faith in the capabilities of APM Terminals Bahrain and are confident in our ability to contribute to the economic growth of the Kingdom of Bahrain. We extend our gratitude to His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain and the government, led by Crown Prince and Prime Minister, His Royal Highness Salman bin Hamad Al Khalifa, for their wise leadership which has paved the way for an environment conducive to business development and investment."

Vital role in lifting global trade

Vice Chairman of the Board, Mr. Fawzi Ahmed Kanoo, highlighted the significance of Khalifa Bin Salman Port as one of the main pillars of Bahrain's industry and its vital role in lifting Bahrain's global trade. He emphasized the board's commitment to welcoming further investments in line with the Kingdom of Bahrain's 2030 economic vision, which aims to enhance economic diversification and promote sustainable growth.

Mr. Kanoo stated, "Khalifa Bin Salman Port is an integral part of Bahrain's economic landscape, and we are dedicated to its continuous development. We invite potential investors to seize the exciting opportunities available and join us in our mission to contribute to Bahrain's economic prosperity. Together, we can realize the ambitions outlined in the Kingdom of Bahrain's 2030 vision."

Decarbonisation

The Board of Directors of APM Terminals Bahrain remains resolute in their pursuit of excellence, focusing on strategic initiatives such as the company’s ambitious decarbonisation plans, to drive the growth and expansion of the terminal while playing an active role in decarbonising the industry in line with the carbon-neutral commitment made by HRH The Crown Prince and Prime Minister to reduce the kingdom’s emissions by 30% by 2035 and achieve net zero by 2060. With their steadfast commitment and the ongoing support of the government, APM Terminals Bahrain is poised to contribute significantly to Bahrain's economic development, while also strengthening its position as a leading regional port.