"BRETT SIEGEL IS ONE OF THE MOST KNOWLEDGEABLE PEOPLE IN MIDDLE EAST REAL ESTATE. I HIGHLY RECOMMEND READING UAE MEGA PROJECTS." Khizer Schon Husain, VP, Schon Properties, Dubai

Tuesday, April 29, 2008

Bahrain Investment Wharf

One of the largest Bahrain Mega Projects is the $1.6Billion Bahrain Investment Wharf (BIW) being developed by Tameer. BIW will encourage businesses from all over the Middle East and all around the world to invest in Bahrain. Furthermore, BIW will create an influx of more capital to Bahrain, which in turn will be used for further expansion of this fast growing Gulf Kingdom. As I have said in many previous posts, Bahrain has almost limitless potential and some of the most fabulous Mega Projects I have ever seen. BIW is no exception.

According to Tameer:

'Bahrain Investment Wharf (BIW) is one of the largest development projects in Bahrain, and the only privately-owned, operated and managed industrial park in the Kingdom. Covering an area of 1.7 million square meters in the new Hidd Industrial Development Zone, this groundbreaking project is a mixed-use industrial, business, logistics, information technology, commercial and residential development estate.'

BIW will be divided into 3 major areas:

1. Industrial and Logistics Park. A 900,000 m2 area, which will feature state-of-the-art accommodations for a wide variety of industries. According to the developer, some of the industries being targeted for the Industrial and Logistics Park include:

- Warehouses for storage, cold storage, packaging and re-distribution,
- Fabricated Metal Products,
- Electrical Machinery and Apparatus,
- Paper and Paper Products,
- Chemical and Chemical Products,
- Furniture Manufacturing,
- Non-metallic Mineral Products,
- Textiles,
- Light Rubber and Plastic Products,
- Light Electronics Industries,
- Pharmaceuticals.

2. Business Park. This area will be made up mainly of low rise office blocks and will include:

- BIW Headquarters,
- Training Center,
- Conference Hall,
- Hotel,
- Large variety of Commercial Facilities.

3. Residential Park. This area will provide residences for middle management as well as other employees and workers.

Being located in the Hidd Industrial Development Zone, BIW is strategically located near major road, air and sea networks. This includes King Fahad Causeway, Bahrain International Airport and the Port Of Sheikh Khalifa Bin Salman. The modern Hidd Power Station is also nearby.

The Chairman of Bahrain Investment Wharf, Mr. Ahmed Al Qattan, had this to say about the project:

"Bahrain is set to make its mark internationally and Bahrain Investment Wharf (BIW) will be the catalyst. No other region can match what BIW and the Kingdom of Bahrain have to offer investors. BIW will possess the cutting edge in industrial investments, and we intend to continue in increasing the benchmark which we have set. The over all GDP of Bahrain will witness a significant increase due to BIW, positioning the Wharf as a major symbol for the future prosperity of the Kingdom of Bahrain and its people."

I think BIW is going to be another Big Winner for Bahrain. This Mega Project along with others like Bahrain Financial Harbor, will make The Kingdom Of Bahrain a business Mecca of the Middle East and a primary world business center!

Here is the link to the BIW website:

http://www.bahiw.com/

This link takes you to Tameer, developer of BIW:

http://www.tameer.com/

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