Commercial trade between France and Bahrain has been increasing rapidly since 2005, rising from €142 million to €710 million in 2009. France’s economic presence in Bahrain is concentrated in four sectors: aluminium, oil, electricity, and banking. However, our country is only the 11th supplier to Bahrain after Japan, Saudi Arabia, Australia, China, the USA, Germany and also the United Arab Emirates. But thanks to GDF Suez’ strong presence in the electricity-environment sector, it is by far the leading foreign investor. Petroleum products and aluminium represent the majority of Bahraini exports to France.
In 2008 French businesses confirmed contracts worth more than 7 billion Euros: orders with Airbus from Gulf Air and Bahrain Air, the construction of the largest waste treatment plant in the region (Constructions industrielles de Méditerranée, CNIM), and the construction of a gas power plant and a desalination plant (Suez and Degrémont). Furthermore, it is Vinci Construction that will carry out, for the main part, the construction of a causeway that will link Qatar and Bahrain.
Significant prospects exist, notably in the water treatment and air and urban transport fields.
For our businesses, 2009 was a year for consolidating market positions and for reinforcing contracts.
Updated on 01.11.10