Daily Newsletter

20 June 2023

Daily Newsletter

20 June 2023

Infracorp unveils $200m high-end residential development in Manama

The project is part of Infracorp’s aim to create sustainable communities across the countries in which it operates.

Sophia Devi June 20 2023

Infrastructure developer Infracorp has unveiled Marina Bay, a $200m luxurious residential development located on Reef Island on the northern coast of Manama in Bahrain.

The project is part of Infracorp’s aim to create sustainable communities across the countries in which it operates.

For the project, Infracorp partnered with design consultants AAP Design Construction, a full-service design and construction company specialising in design and building projects in Portugal and Kuwait.

The launch of this high-end project comes shortly after Infracorp completed and delivered the first phase of the California Village residences in Dubai and launched its second phase, as well as completing the first phase of Marina in Bahrain Harbour.

Infracorp CEO Majed Al Khan said: “We take pride in our consistency in delivering impactful real estate projects that have significantly boosted the real estate and urban development in Bahrain. Our efforts align with the government’s Economic Vision for 2030 and tourism strategy.

“Our success is driven by the unique investment and regulatory landscape of the kingdom, which continues to shape the tourism and real estate sectors and contribute to the economic growth with our diverse portfolio of investment opportunities.

“The Marina Bay project is part of Infracorp’s expansion plans in the real estate portfolio in creating sustainable infrastructure developments across the region,” Al Khan added.

Infracorp B.S.C. specialises in investing in the infrastructure and sustainable development sector, with $1.1bn (BD413.6m) in capital.

It manages a portfolio of around $3bn in infrastructure assets that includes 250 million square feet of space in the Gulf, North Africa and South Asia.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close