This expansion showcases greater utilization of government assets to boost economic growth and private partnerships
Bahrain has announced the introduction of 23 new investment opportunities via the Government Land Investment Platform, marking the largest offering since the platform’s inception.
Nouf Abdulrahman Jamsheer, chairperson of the Government Land Investment Committee and undersecretary for Research and Projects at the Office of the Prime Minister, stated that this expansion signifies the growing utilization of government assets to boost economic development, strengthen partnerships with the private sector, and promote projects that align with the aspirations of citizens across the various regions and governorates of the Kingdom of Bahrain.
Strategic approach to attracting high-value investments
Jamsheer underscored that this initiative is part of a strategic vision aimed at attracting high-value investments, creating fresh opportunities, and enhancing contributions from the private sector in tandem with the public sector in projects that have a lasting economic impact. The newly available opportunities enable investors and developers to utilize government land for agricultural, commercial, educational, and technological advancements through transparent and competitive mechanisms, thereby optimizing land use and furthering Bahrain’s food security sector.
She pointed out that the opportunities encompass a commercial property belonging to the Rashid Equestrian and Horseracing Club located in Hamad Town, which spans 6,232 square meters and is designated for a commercial complex. Additionally, 19 agricultural properties under the Ministry of Municipalities Affairs and Agriculture situated in Buri and Hoorat A’ali, with sizes varying from 5,616.2 to 8,251.3 square meters, have been allocated to promote agricultural activities and encourage investment in this vital sector. The bidding period for these properties will remain open until May 11.
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Additional investment prospects for data centers and education
Further investment opportunities feature two plots in Al Qurain and Al Zallaq in the Southern Governorate, each covering 40,000 square meters and allocated for data center development projects, BNA reported. Moreover, an educational investment plot in Arad, Muharraq Governorate, spanning 12,451 square meters, has been earmarked for the establishment of a new school. The bidding process for these investment opportunities under the Ministry of Finance and National Economy will continue until June 11.
Invitation for investors to participate
Jamsheer encouraged interested investors to engage in the bidding process through the Government Land Investment Platform at investmentland.gov.bh, where they can access information on available properties. She also mentioned that applications for investment in the listed properties can be submitted through public auction.
