In a significant move to bolster Bahrain’s startup ecosystem, Export Bahrain has signed a Memorandum of Understanding (MoU) with HQ by Hope, a major industrial workspace initiative from Hope Ventures. The partnership designates Export Bahrain as the official ‘Export Partner’ for the HQ Industrial project in Hidd, creating a powerful support system for local industrial businesses aiming for international expansion.
An Integrated Ecosystem for Global Growth
This strategic alliance is designed to provide entrepreneurs within the HQ Industrial project with a comprehensive ecosystem for growth. Tenants will now have direct access to Export Bahrain’s suite of services, which includes expert export advisory, capacity-building workshops, and crucial market linkages. The collaboration will also facilitate entry into programs and initiatives specifically tailored for international expansion, helping local businesses navigate the complexities of global trade.
The partnership aims to transform the export ambitions of Bahraini businesses into tangible growth opportunities, enhancing their competitiveness in regional and international arenas.
A Strategic Step for Bahrain’s Industrial Sector
Safa Sharif Abdulkhaleq, CEO of Export Bahrain, emphasized the organization’s commitment to empowering local businesses. She stated that the MoU will provide “an integrated suite of export services and programs that meet businesses’ needs and enable them to transform their export ambitions into real growth opportunities.”
Latifa Mohamed A. Jabbar, General Manager of Hope Ventures, described the partnership as a valuable addition to the HQ Industrial ecosystem. “Enabling industrial projects to access export services is a key pillar for supporting their sustainability and growth,” she affirmed. “The partnership with Export Bahrain represents a strategic step that enhances tenants’ ability to expand and compete regionally and internationally.”
Bolstering Bahrain’s Economic Diversification
This collaboration between a public-sector entity and a private-sector initiative underscores a shared commitment to strengthening the Kingdom’s business environment. By fostering greater cooperation, the partnership is expected to open new avenues for export opportunities, support national economic diversification goals, and reinforce Bahrain’s growing reputation as a regional hub for emerging industries.
About Export Bahrain
Export Bahrain is a national initiative launched to support Bahrain-based businesses in their journey to access global markets. It offers a diverse range of services and solutions designed to enhance export potential, build capacity, and connect local companies with international trade opportunities, thereby contributing to the growth and diversification of the national economy.
About HQ by Hope
HQ Industrial is one of the largest shared industrial workspaces in the Kingdom of Bahrain and the first specialized industrial incubator focused on manufacturing. Spanning over 53,000 square feet, it provides a comprehensive industrial environment that includes dedicated manufacturing spaces, operational facilities, support services, co-working spaces, and a network of strategic partners to foster the growth and expansion of its tenants.
Source: bizbahrain
