Managing Director of the leading Bahrain-based real estate development company “Manara” Developments Dr. Hasan Al Bastaki announced that construction works for the infrastructure development of “Investment Gateway Bahrain” is scheduled to start in the third quarter of this year and to complete by the fourth quarter of 2016.
He stated: “We have planned the infrastructure of the “Investment Gateway Bahrain” project to provide the owners of the plots with an integrated suite of services to suit their current and future needs that may arise in the future thus ensuring that the infrastructure arrangements are in line with our ambitions to develop the area into an ultimate logistics and light industry hub offering complete solutions for both display and storage requirements while allowing for progressive improvements to the basic services provided”.
“Investment Gateway - Bahrain” is the first project dedicated to light industry and commercial activities in the Muharraq Governorate enabling the investor to obtain ownership of the land and is therefore not subject to a limited lease period, as is generally a main constraint in other industrial areas in the Muharraq Governorate. Moreover the owner has the choice to best utilize the property in whatever way is seen suitable to the land and the purpose of the investment.
The locations will have the capacity to serve as offices, showrooms, storage facilities, handling services, and sales offices, all of which are essential requirements to undergo a smooth business in the Kingdom of Bahrain and particularly Muharraq.
Source: Manara Developments