Bahrain Marina Development ... a $527-million project.
Bahrain Marina on track, achieves safety record
01 June 2024
Bahrain Marina Development Company has announced that steady progress is being made on its iconic marina project being developed at a total investment of BD200 million ($527 million) in the capital Manama with nearly 18 per cent of the construction work already completed.
On completion, this premier destination will also feature an array of retail stores with leading brands, high-end restaurants, and cafes recognised both locally and internationally. Additionally, the project encompasses a commercial complex, a yacht mooring facility, and an expansive 3,200-sq-m marine club.
Giving a project update, the Bahraini developer said the marina project was surpassing anticipated progress, as indicated by recent updates.
As of the beginning of January, the completion rate of construction work had surpassed the initial target of 17 per cent set for the same period. This significant progress is paralleled by another notable achievement – completing one million working hours without any accidents, stated the developer.
This milestone underscores the team’s commitment to safety and professionalism, essential for maintaining a secure and stable working environment, it added.
Khalid Najibi, Chairman of the Board of Directors of Bahrain Marina Development, said: “Our project is not just about constructing buildings; it’s about crafting a world-class cultural landmark in Bahrain on schedule.
“The success we’re witnessing is a direct result of the meticulous strategic planning and relentless efforts of our teams who are dedicated to transforming our vision into a splendid reality that reflects the prestige of the kingdom and aligns with its future aspirations.”
Najibi also highlighted the strict adherence to safety protocols, which played a crucial role in the project achieving one million accident-free hours. He further reiterated the company’s dedication to excellence and quality, integral to the construction process.
The Bahrain Marina project has also been honoured with a golden licence from the government, reflecting the high level of trust and significance of this project.
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