The move is an initiative of the country’s Land Investment Platform
Nine new investment opportunities have been launched in four different regions across the Kingdom of Bahrain by the country’s Land Investment Platform, as per reports. In a move to ensure optimal investment in government lands meant for vital sectors, investors can avail these opportunities in Hamala, Buri, Al Buhair and Salman City.
Mariam Adnan Al Ansari, the Assistant Undersecretary for Projects at the Prime Minister's Office and Government Lands Investment Committee Chair, said that the platform is in accordance with the goals of the comprehensive development process, spearheaded by His Majesty King Hamad bin Isa Al Khalifa and the directives of the government, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. He further added that it is playing a vital role in providing more opportunities for investors, to contribute towards the development of vital sectors in the kingdom and achieve economic growth.
According to her, Bahrain Real Estate Investment Company (Edamah) has provided four agricultural plots in Hamala - a 49,717.9 sq m and a 14,396.7 sq m land in addition to two others of 10,084.7 sq m each - while Eskan Bank offered a 2,694 sq m plot for the educational sector in Salman City for building a nursery school. The Ministry of Municipal Affairs and Agriculture too has offered a number of investment land plots in the agricultural and food security, including three plots in Buri, with areas of 11,916.8 sq m, 7,439.8 sq m and 10,419.5 sq m, stated Al Ansari. This is in addition to a 22,361 sq m investment land in Al Buhair, for constructing a boulevard that includes cafes, restaurants and a walkway, she added.
