BTEA leases two plots in Bahrain Bay Beach project

  • Date: 10-Jun-2022
  • Source: Bizbahrain
  • Sector:Real Estate
  • Country:Bahrain
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BTEA leases two plots in Bahrain Bay Beach project

BTEA has announced the leasing of two out of five plots included in the Bahrain Bay Beach project, one of the authority’s key strategic tourism projects in terms of developing the Kingdom’s tourism infrastructure. The two plots will include private beaches that will be developed respectively by Wyndham Hotel (9,137sqm), and Solymar (9,045sqm). These projects will contain a variety of tourist services and facilities, such as hotels, restaurants, and cafes, as well as recreational facilities. On this occasion, BTEA organized a signing ceremony, and the two agreements were signed by BTEA’s CEO, Dr. Nasser Qaedi, with Ahmed Mahmoud Mohamed Al Qaed, representing Wyndham Hotel, and Kyriakos Zarkadas, representing Solymar. BTEA said that it will shortly offer a third plot for the Bahrain Bay Beach project through the tender Board, in order to provide an opportunity for companies interested in investing in the project and within the strategy of BTEA to boost Bahrain’s tourism sector in collaboration with the private sector. The Bahrain Bay Beach that covers more than 170,000sqm will stretch from the northern coast of Bahrain Bay to the south of Al Saya, with a 600-meter-long coastline. The project is made up of five main allotments – a 200m