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Bahrain: Opening of the Dragon City

31 Dec 2015
1305 times

Bahrain’s Prime Minister Prince Khalifa Bin Salman Al Khalifa has inaugurated the Dragon City, a Chinese shopping mall, on the island of Muharraq. The city was the fruitful outcome of the outstanding Bahraini-Chinese relations.

HRH Premier officially opened the mega project, which was built by Diyar Al Muharraq on a total land area of 115,000 square metres at a total cost of $100 million. It includes more than 360 wholesale and retail stores.

The opening of the City is a result of Bahrain’s reputation as a country with a successful investment environment, Prince Khalifa said at the opening ceremony.

The launch of new mega investment projects in the kingdom reflects the investors’ confidence in the strength of the Bahraini economy, Prince Khalifa was quoted by the Bahrain News Agency (BNA) as saying.

Such projects also consolidate the kingdom’s competitive potential in attracting more capital, which supports the government’s strategy that is aimed at diversifying its sources of income, he added.

 

About Dragon City:

At a total cost of $100 million, Dragon City is spread over a total land area of 115,000 square meters with a built up area of 56,000 square meters. It is the first of its kind development in Bahrain, which will offer unique wholesale and retail opportunities to local consumers, trade customers and tourists. Dragon City encompasses Dragon Mall and a themed "Dining Village".

The Mall design is influenced with Chinese architectural and cultural aspects incorporating over 360 commercial units for both retail & wholesale trade, and additionally a 4,500 square meter area designated for warehouses and a car park large enough to accommodate 1,500 cars.

Source: Bahrain News Agency http://www.bna.bh/portal/en/news/703455

 

 

Last modified on Thursday, 31 December 2015 02:28
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