Dr Al-Bastaki: project will fuel economic growth

Manara Developments, a Bahrain-based real estate development company, has unveiled a Master Plan for its new “Investment Gateway-Bahrain” initiative which was previously known as the Al Hidd Development project. 

The Master Plan, designed by OBM International, is set to create a unique business and investment community through the development of various warehousing and logistics projects and services situated across the 60-hectare site near the Al Hidd industrial area, Manara said.
The project is close to the new Khalifa bin Salman Port and Bahrain International Airport, as well as to a proposed fast highway to the Saudi-Bahrain Causeway. As well as logistics facilities, provision has been made for commercial offices, showrooms, big-box retail outlets and accommodation for senior executives and labourers.
Commenting on the project, Dr Hasan Al-Bastaki, managing director of Manara Developments, said: “Upon completion, it will represent a major step towards contributing to the country’s economic prosperity, through creating a well-integrated business community that will attract companies and encourage them to base their operations in Bahrain and ultimately create more rewarding job opportunities for Bahrainis.”
He said Investment Gateway-Bahrain would fuel the growing logistics sector in the kingdom and stimulate economic growth in line with Bahrain’s Economic Vision 2030.” 
The company has submitted environmental reports and is expecting final approvals from relevant authorities before site work can begin.