Thursday 17 January 2019

BIO offers pre-built units for lease.

Baytik Industrial Oasis to take part in Gulf Industry Fair

MANAMA, January 31, 2018

Baytik Industrial Oasis (BIO), a leading high-specification industrial complex in Bahrain International Investment Park (BIIP) offering pre-built units on lease for light manufacturing, will be participating at the upcoming Gulf Industry Fair 2018 in Bahrain.  

Gulf Industry Fair (GIF), the Northern Gulf’s leading event dedicated to promoting industrialisation in the GCC, will take place from February 6 to 8, at the Bahrain International Exhibition and Convention Centre.

The event is being held under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of Bahrain.

Osama Al Khajah, chairman of BIO, said: “We are delighted to be part of this year’s edition of Gulf Industry Fair. The event is the primary expo in the region that is dedicated to promoting industrial developments and services in Bahrain and the GCC.”

“We see this as an ideal showcase for Baytik Industrial Oasis,” he said.

Baytik Industrial Oasis provides 54,072 sq m of industrial space and is housed in BIIP offering a tax-free location with full duty-free access to GCC markets.

BIO acts as an incubator for foreign investment in manufacturing in Bahrain. Baytik, which is managed by CBRE, the world’s largest international property management and consultancy firm, works closely with the Economic Development Board to introduce foreign manufacturing firms to the kingdom.

The park provides cost-effective solutions, can accommodate large space requirements and offers a gateway into the kingdom without the necessity for these firms to invest in the construction of their own facility from the outset.  

Al Khajah continued: “At the fair, we will be presenting our selection of pre-built industrial units starting from 2,114.7 sq m up to contiguous blocks of 9,565.36 sq m.”

“These units are part of a secure, serviced industrial park, which is managed and maintained for tenants, allowing them to focus on their core business,” he added.

BIO recently signed an agreement with Ariston Thermo MEA for a 7,174-sq-m facility. Ariston is headquartered in Italy and is a global specialist in thermic comfort with a unique expertise and cutting-edge innovations in heating and water heating products.

Jubran Abdulrahman, managing director of Hilal Conferences and Exhibitions (HCE), organisers of GIF 2018, said: “Baytik Industrial Oasis’s offering is an integral part of Bahrain’s options for international companies looking to locate their industrial activities in Bahrain.”

“Their standards reflect the international quality available across the kingdom for foreign investors,” he said.

Gulf Industry Fair is strategically sponsored by Bapco, National Oil and Gas Authority (Noga),   Aluminium Bahrain (Alba) and Bahrain Investment Wharf. The Industrial Facilities Sector Sponsor is Majaal.

Supporting organisations for Gulf Industry Fair include, AHK Saudi Arabia, the German Saudi Arabian Liaison for Economic Affairs, PHD Chambers of Commerce and Industry of India, Bahrain Solar Association and the Bahrain Industrial Association. – TradeArabia News Service

Tags: | Gulf Industry Fair | Baytik Industrial Oasis | 2018 |

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