Four new investment opportunities on Government Land Investment Platform

Manama, Nouf Abdulrahman Jamsheer, the Chairwomen of the Government Land Investment Committee, the Undersecretary for Research and Projects in the Prime Minister Office (PMO), announced the launch of four new investment opportunities on the Government Land Investment Platform.

This initiative aims to attract private sector investments and enhance partnerships, providing quality opportunities for investors and developers while supporting the aspirations of citizens across Bahrain, she added.

One of the investment opportunities is a property owned by the Ministry of Municipalities Affairs and Agriculture in Manama. Applications will be accepted for the investment, leasing, and operation of Lulu Mall and its car parks, covering an area of 20,000 square meters. The application period will remain open until October 27, 2024.

Additionally, the Eskan Bank has announced a second investment opportunity for a property in East Hidd, intended for establishing a kindergarten on 623 square meters, with applications acce
pted until October 20, 2024.

Furthermore, there are two properties available in East Sitra: one for a car care centre on 5,701 square meters, with applications due by October 27, 2024, and another for a kindergarten on 1,749 square meters, with applications accepted until November 3, 2024.

Jamsheer explained that bidding for land available for investment on the Government Land Investment Platform can be done by visiting the platform’s website at investmentland.gov.bh, where details of the properties are accessible.

Those interested in investing in the listed land can submit applications through public bidding.

Source: Bahrain News Agency