(MENAFN) According to the Economic Development Board (EDB), Bahrain's economic growth is expected to continue with its strong growth as infrastructure spending is projected to boost the country's non-oil sector momentum, while its gross domestic product (GDP) is seen growing at 3.6 per cent this year, primarily due to flat oil production, Gulf Daily News reported.
The report added that the kingdom's non-oil growth is likely to remain strong at 4.5 percent this year, while it will marginally decline to 3.9 percent in the following year along with a small 0.5 percent gain in the hydrocarbons sector.
The EDB said that Bahrain's July-September GDP growth reached 5.1 percent in comparison with the same period last year, while the overall growth for last year is forecasted to have been in excess of 4 percent.
Meanwhile, the kingdom's construction sector accelerated from 3.6 percent in the second quarter to 12.3 percent in the third quarter, making it the fastest growing sector of the economy, while the hotels and restaurants sector registered a growth of 7.4 percent compared to 2013.
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