*** The Ministry of Industry and Commerce Offers Diversified Investment Opportunities in Industrial Areas | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

The Ministry of Industry and Commerce Offers Diversified Investment Opportunities in Industrial Areas

TDT | Manama

The Daily Tribune - www.newsofbahrain.com

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Emerging from the principle of partnership with the private sector, the Ministry of Industry and Commerce presented one of the investment opportunities in its industrial areas for auction to develop a fuel station and its supporting service and commercial facilities in coordination with the Tenders and Auctions Council.

On this regard, Eng. Mohammed Khaled Nour, Director of Industrial Areas, pointed out that an investment bid has been launched, including the development and operation of a fuel station and its supporting facilities in Sitra Industrial Area, as the project includes the allocation of a distinctive site in Sitra Industrial Area covering an area of 8,000 square meters, to enhance the infrastructure and support services of industrial facilities in the Sitra by the specifications and requirements applicable in the Kingdom of Bahrain for these projects.

These projects come from the Ministry's keenness to strengthen partnership between the public and private sectors, and find solutions that support the operational processes of existing industrial establishments in industrial areas, so that companies wishing to participate in the auction take the initiative to submit their bids to lease the site, provided that the winning company in the auction will design, build, finance, operate and maintain the project for 25 years from the signing of the lease contract.

The Ministry calls on companies with necessary competence wishing to participate, to buy tender documents through the e-system of the Tenders and Auctions Council https://etendering.tenderboard.gov.bh, provided that the tenders submitted for these projects are opened after completing the necessary procedures.