To execute this plan, Majaal has appointed Abdulaal Construction Services as the general contractor to build this next phase of its project, which is scheduled for completion by the end of the second quarter 2013.
The announcement follows the achievement of full occupancy for the first phase of the project late last year along with evidence of renewed stability and business confidence in the economy of Kingdom of Bahrain.
Completing the highly professional project team, Majaal also announced the appointment of Mohamed Salahuddin Consulting Engineering Bureau (MSCEB) to provide engineering and site supervision service and Baker Wilkins and Smith (BWS) Middle East to provide cost management services.
Amin Al Arrayed, General Manager of First Bahrain Real Estate Development Co., the parent company of Majaal, commented: “Moving forward with this next phase of our $45m Majaal development is a decision which represents the confidence of our shareholders in the future of the Bahrain economy. This foreign direct investment in facilities designed to support SME’s within the Kingdom’s industrial sector is a demonstration of our commitment to facilitating growth in the markets we develop. As we proceed, we are very pleased to be partnering with Abdulaal Construction Services (ACS), a member of Ebrahim Abdulaal Group of Companies, a well-respected Bahraini firm operating since 1944, to construct the new facilities. Selected on the basis of a thorough and competitive process, we are confident that ACS’s professional team will produce superb results for us in this project.”
Mr. Ebrahim Abdulaal Alfahad, Chairman of Abdulaal Construction Services commented: “We sincerely appreciate the confidence placed in us by Majaal with this appointment. Our responsibility is to deliver a top quality project, within the timeframe and with attention to detail and quality – all deliverables that we are extremely confident of achieving. We a very pleased to be working on such a quality project which will add value to our nation’s economy as it likewise expresses much needed optimism for our collective future.”
Majaal is located within the Salman Industrial City at the BIW, providing easy access to Khalifa bin Salman Port and other major transport links in Bahrain. Once this next phase is complete, Majaal will offer over 260,000 square feet of secure, flexible and cost effective storage space, double the amount currently available.
These small to medium-sized modern and safe warehousing units can be used solely for storage, or as a combined storage facility and office, ideal for startups and smaller companies or for existing companies eager to expand. The convenient and high-quality units at Majaal are complemented with set of services that include 24 hours a day, seven days a week security, state-of-the-art information communication technology provisions, assistance on efficient design and use of spaces available from as little as 2,700 square feet to as much as 10,700 square feet. Beyond these core services, Majaal tenants benefit from professional facilities management, and onsite forklift rental and logistics support.
Tuesday, July 31- 2012 @ 13:41 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.