Marina project set to boost economy.
WORK is on track on a major development expected to boost Bahrain's economy and create jobs once completed in 2020, according to a top project official.
Located in the heart of the capital, the iconic mixed-use Bahrain Marina project features serviced and freehold apartments, waterfront villas, a shopping mall, a five-star hotel, cinema and a recreational waterfront space with dining and retail spaces.
It will also include a trendy designed members-only yacht club with the capacity to berth a vast number of boats of different sizes.
The development will position Bahrain as a prime lifestyle and leisure destination, said officials of Bahrain Marina Development Company (BMDC), a subsidiary of the Social Insurance Organisation.
They would not, however, disclose the cost of the project.
"We are pleased to announce the progress of the project based on the timeframe set by the management," said BMDC chairman Abdulrahman Yusuf bin Yusuf Fakhro.
"During the marine works phase of the project, we were adamant about protecting the marine life in order to ensure long-term sustainability.
"Our marine protection strategy was developed in co-operation with the Supreme Council for Environment."
The next phase of the project which features piling work is scheduled for December this year.
Al Hassanain Contracting Company has been appointed to implement the first phase of the project that includes silt removal, earthworks, shore protection, quay walls and culvert crossings in preparation for the construction stage of the project.
The planned development, stretching along a pristine coastline in Manama, will also feature the Bahrain Marina Cinema comprising 10 screens.
An entertainment area will include an indoor sport and gaming centre.
More than 1,000 parking spaces are expected to ensure a unique boardwalk shopping experience.
"We are proud of our solid progress in line with the timeline developed by the team, further stressing our commitment towards launching the project in a timely manner," said chief executive Yazan Haddad.
"Once launched, the project will play an integral role in strengthening the national economy.
"This national landmark will also create job opportunities for Bahrainis and drive the growth of the retail and leisure industries in the kingdom."
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