CMH Role: Strategic Investor
Industrial Land Muharraq is a parcel of sea bed plot with an area of 4,477,572 square meters adjacent to the Bahrain International Airport. The project involves reclamation and subsequent development of the property into a medium density, mixed use and light industrial zone. As such, the property has been earmarked for use mainly as a light industrial site focusing on food manufacturing, warehousing, logistics, and technology industries. The development will also accommodate low rise housing and commercial structures. CMH acquired economic interest in the projectwhich was fully subscribed by CMH clients.
The master plan for the project was completed in April 2009, which was designed by OBM International Ltd, a reputable international firm of architects. Target milestones are as follows:
| Target Milestones |
Target Date |
Status |
| Master planning |
April 2009 |
Completed |
| Environmental Impact Assessment / Approval |
January – June 2009 |
In process |
| Reclamation |
June 2009 – April 2010 |
Not started |
| Infrastructure construction |
February 2010 – February 2011 |
Not started |
| Land subdivision |
February 2009 – August 2009 |
In process |
| Land pre-sales |
June 2009 |
Not started |
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