Bahrain Competitiveness

The Bahrain National Competitiveness Council (BNCC) was created on March 29, 2005, in response to
the pressing need for the assessment and improvement of Bahrain’s competitiveness.
The BNCC’s broad-based membership includes leaders from Bahrain’s business, banking and academic
communities, as well as reputable non-government organisations (NGOs), all of whom are active in areas relevant to competitiveness.

The objectives of the BNCC are to:

1.	Raise awareness of the importance of the competitiveness of an economy to the achievement of sustainable economic growth and continual improvements in living standards;
2.	Cultivate a national understanding of the factors that affect a country’s competitiveness and how they interact;
3.	Benchmark Bahrain’s competitiveness internationally;
4.	Continuously analyse and report on Bahrain’s competitive weaknesses;
5.	Act as an advocacy group to bring about improvements in the various areas that interact to make Bahrain competitive.

To fulfill its objectives, the BNCC will communicate and cooperate with all the stakeholders in an effort to raise awareness of its work in improving Bahrain’s competitiveness. Through its awareness campaign, the BNCC intends to impart an understanding of competitive rankings and promote their use as policy and business decision tools. It will also publish periodic reports on Bahrain’s competitiveness rankings along with an interpretation of those rankings as they relate to the various aspects of competitiveness.

The BNCC will communicate and work closely with international organisations such as the World Economic Forum, the World Bank, the IMF, the UNDP, UNCTAD and others to ensure that Bahrain is constantly ranked on their various indices. It will use these rankings to benchmark Bahrain’s performance internationally and identify the gaps in the various areas that affect competitiveness as a whole.