Bahrain plans $761m expo city.Byline: Manama Manama Arabic Al-Manamah City (pop., 2001: 143,035), capital of Bahrain. Situated at the northeastern tip of Bahrain island, it is Bahrain's largest city, with about one-fifth of the emirate's population. A state-of-the-art city for exhibitions and major events will be built near Bahrain International Circuit in Sakhir at an investment of BD287 million ($761 million), said the Kingdom's Industry and Commerce Minister. 'The facility will be 10 times the size of the existing BIEC BIEC Bahrain International Exhibition Centre BIEC Beverage Industry Environment Council (Australia) and feature three luxury hotels with 1,200 rooms, a multipurpose facility, an event hall and exhibition pavilions,' said Dr Hassan Fakhro on the sidelines On the sidelines An investor who decides not to invest due to market uncertainty. on the sidelines Of or relating to investors who, having assessed the market, have decided to avoid committing their funds. of Jewellery Arabia 2009 on Tuesday. A private company will be set up to manage and own the massive project. A consortium including Bahrain Exhibitions and Conventions Authority, Bahrain Holding Company, investors and banks will run and co-own the project, he added.- TradeArabia News Service Copyright 2008 www.tradearabia.com Copyright 2009 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
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