Baytik Industrial Oasis names agent
Manama, January 27, 2011
Baytik Industrial Oasis (BIO) has appointed DTZ as its exclusive leasing agent and property and facility manager for Bahrain International Investment Park (BIIP).
BIO is a wholly-owned subsidiary of Kuwait Finance House-Bahrain.
'KFH-Bahrain and DTZ have enjoyed a longstanding relationship and this new appointment is further testament to this affiliation,' said Baytik Industrial Investments chief executive officer Nader Almoayyed.
'BIO's primary focus is to attract the right kind of occupier to the facility - those that provide value added services such as manufacturing, light industry and service and knowledge based sectors and we believe DTZ has the right credentials to help us achieve that,' he added.
'DTZ is delighted to be appointed to lease and manage BIO, the state-of-the-art industrial park,' said DTZ Bahrain associate director Claire Luck.
'The units are completed and available immediately with all infrastructure in place including roads, electricity and telecommunications.
'New industrial setups or existing industrial companies looking to upgrade their premises will enjoy a facility built to the highest international standards.
'Furthermore, as the only industrial scheme in Bahrain offering advanced, pre-built manufacturing units, BIO is the choice for companies wishing to set up or move with minimal disruption to their business,' she said.
'Its proximity to the port, airport and main arterial road network adds to the ease of locating at BIO. DTZ is looking forward to helping BIO deliver this exciting project,' she added.
Phase One of the scheme comprises six pre-built manufacturing units for lease, each consisting of four modules of equal sizes.
Providing flexibility in options, a company can invest in single or multiple units covering up to 9,600 sqm.
BIO also offers a dedicated logistics area, built to serve all the logistic requirements within the BIIP.
Work on phase Two of BIO will commence shortly.-TradeArabia News Service