Bahrain: 23 opportunities through land investment platform announced

The Kingdom of Bahrain has announced the launch of 23 new investment opportunities through its government land investment platform, marking the largest offering since the platform's inception. This significant expansion aims to stimulate economic growth and attract diverse investments.

Nouf Abdulrahman Jamsheer, Chairperson of the Government Land Investment Committee and Undersecretary for Research and Projects Affairs at the Prime Minister's Office, stated that this expansion signifies the increasing utilization of government assets to promote economic development, strengthen partnerships with the private sector, and advance projects that align with the aspirations of citizens across Bahrain's regions and governorates. The government is committed to fostering a thriving investment landscape.

Jamsheer emphasized that this initiative is part of a strategic vision aimed at attracting high-value investments, creating new opportunities, and enhancing collaboration between the private and public sectors in projects with lasting economic impact. The newly offered opportunities enable investors and developers to utilize government land for agriculture, commerce, education, and technological advancements through transparent and competitive mechanisms, thereby optimizing land use and further developing Bahrain's food security sector. These efforts are crucial for sustainable economic development.

She noted that these opportunities include a commercial property located at the Rashid Equestrian and Horse Racing Club in Hamad Town, spanning 6,232 square meters and designated for a commercial complex. Furthermore, 19 agricultural properties under the Ministry of Municipal Affairs and Agriculture, located in Buri and Hoorat A'ali and ranging in size from 5,616.2 square meters 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 last until May 11th.

According to the Bahrain News Agency, further investment opportunities include two plots in Al Qurain and Al Zallaq in the Southern Governorate, each spanning 40,000 square meters, allocated for data center development projects. Additionally, an educational investment plot in Arad, Muharraq Governorate, spanning 12,451 square meters, has been designated for the establishment of a new school. The bidding process for these investment opportunities under the Ministry of Finance and National Economy will last until June 11th.

Jamsheer encouraged interested investors to participate in the bidding process through the government land investment platform, investmentland.gov.bh, where they can access information about the available properties. She also mentioned that investment applications for the listed properties can be submitted through open auctions, ensuring a fair and transparent process for all interested parties.