Manama: Diyar Al Muharraq will officially open Dragon City today under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa.
Diyar Al Muharraq chairman Abdulhakeem Alkhayyat expressed his deep gratitude and appreciation to the Prime Minister for his patronage of the official inauguration of Dragon City.
He said: “It is a great honour for us to officially open Dragon City under the patronage of the Prime Minister whose presence is indeed a true reflection of his great concern and support to projects that will further enhance the Bahraini economy. We at Diyar Al Muharraq are totally committed to be active and major participants in supporting our national economy and to developing and diversifying investments to attract further investment in the kingdom.”
“In its enormous success in attracting a substantial number of Chinese investments as well as a vast number of businessmen and women and tourists from both the kingdom and the region, Dragon City has already played a significant role in enhancing the growth of our economy and it will continue to do so as it is set to create many employment opportunities for skilled Bahraini workforce,” he added.
Diyar Al Muharraq chief executive Dr Maher Al Shaer said: “Dragon City is a modern business module and represents the advanced architectural and economic level which the kingdom is witnessing on different fronts. It is also a testament to the trust placed by foreign investors in the kingdom due to the solid and secure investment environment it provides, in addition to it being an open economy that encourages both property development and commercial investments alike.”
Dragon City will open its doors to welcome the public at noon today.
The $100 million Dragon City is spread over 115,000sqm with a built up area of 56,000sqm. It is the first of its kind development in Bahrain, which will offer unique wholesale and retail opportunities to local consumers, traders and tourists. Dragon City encompasses Dragon Mall and a themed “Dining Village”.
The Mall design is influenced with Chinese architectural and cultural aspects incorporating more than 360 commercial units for both retail and wholesale trade, and additionally a 4,500sqm area designated for warehouses and a car park to accommodate 1,500 cars.
Dragon City has succeeded in attracting hundreds of Chinese industrial and trade companies as the occupancy rate has reached 95 per cent of which 10pc is leased by Bahraini companies.
Also 60pc of the commercial units are ready to welcome visitors, offering customers a large variety of products including construction material, lighting equipment, furniture, electronics, electrical appliances and fashion wear for adults and children in addition to a food court.
In celebration of the grand opening of Dragon City, Chinamex is holding a three-day Chinese-style artist performance and Chinese branded car raffles to the public, giving the people in Bahrain a chance to experience Chinese culture and Chinese made products.
Diyar Al Muharraq is a unique master planned city for the people of Bahrain offering a range of housing options and quality lifestyle. Diyar Al Muharraq offers a cohesive mix of residential and commercial properties with a strong line-up of projects aimed at creating a long-term and sophisticated township.