Bahrain International Investment Park

Bahrain, along with the rest of The Gulf, continues to rapidly expand! One of the major business/industrial Mega Projects in Bahrain is the Bahrain International Investment Park (BIIP). Located in the Hidd Industrial Area, BIIP covers over 250 hectares with 25.5km of readily equipped infrastructure such as roads, street lighting, sewage systems, landscaping and desalination systems. According to BIIP, some of the highlights of this project include:

- A new type of industrial area for Bahrain,
- World class physical environment,
- High quality management standards,
- Internationally competitive facilities & costs,
- Highly skilled on-site management team,
- Special Customs procedures with dedicated customs unit,
- Excellent location close to: Bahrain International Airport, Mina Salman Seaport, Hidd Deep Water Port.

BIIP will be divided into 6 different zones, each zone targeting a different sector:

Zone 1: Services and knowledge based activities,
Zone 2: High Tech manufacturing and assembly,
Zone 3: Large, medium and light manufacture,
Zone 4: Small and medium enterprises(SMEs),
Zone 5: Process industry,
Zone 6: Commercial.

Establishment of a facility within BIIP assures investors that they will have the commitment of the Bahrain Government as well as assisted access to the various GCC markets. BIIP offers unique incentives including: 100% foreign ownership of companies, 0% tax with a ten-year guarantee, special customs services, no recruitment restrictions and strong assistance with all corporate and human resource formalities. Quality facilities, offices and factory units are offered with long leases and competitive land rentals in an environment that is professionally zoned, landscaped and managed.

Already a number of very large projects have been announced for BIIP. One of the biggest is the KFH-Bahrain Industrial Oasis. This project will provide over 50,000 sqm of high quality manufacturing space in 24 industrial units, each unit available for lease to manufacturing companies. KFH-Bahrain Industrial Oasis will also include a six-storey office tower, which will provide 10,000 sqm of space for export-focused knowledge-based business. Other projects will also be developed at the Industrial Oasis.

The General Manager of KFH-Bahrain, Mr. Abdulhakeem Alkhayyat, had this to say at the announcement of KFH-Bahrain Industrial Oasis:

"We are pleased to announce this milestone which will contribute to the economic development and growth in the Kingdom of Bahrain. With enormous competitive advantages, Bahrain - and the Hidd area in particular - offer an ideal location for both regional and international industrial companies engaged in highly productive and economically beneficial activities."

Another large project located in BIIP is the huge $40Million Kraft Foods manufacturing plant. This plant will be one of the largest foreign food and beverage plants in the Middle East, and it will produce 60,000 tons of Kraft cheese and powdered beverages annually for the Middle East and Africa regions.

Many more companies from all over the world have signed on to open up facilities at BIIP, and more are being attracted to this landmark Bahrain Mega Project each day!

This link takes you to the BIIP website:

http://www.biip.com.bh/