Infracorp Launches Marina Bay with $200 mn Investments

Infracorp Launches Marina Bay with $200 mn Investments

Infracorp, a pioneer in infrastructure developments, unveils Marina Bay – a luxurious residential development situated on Reef Island on the Northern Coast of Manama, Invest-Gate reports.

The project’s investment amounts to $200 mn; the high-end project coincides with Infracorp’s vision to create sustainable communities across the countries it operates.

This announcement was revealed during a press conference organized by Infracorp, to unveil Marina Bay’s details, timeline, and development phase. Hisham Alrayes, Chairman of Infracorp, and Majed Al Khan, CEO of Infracorp, were joined by esteemed guests and media members at the National Theatre of Bahrain.

Marina Bay’s launch comes shortly after the company’s successful completion and delivery of phase one of the California Village residences in Dubai, the launch of phase two, and the completion of the first phase of Marina in the Bahrain Harbour.

Majed Al Khan states, “We take pride in our consistency in delivering impactful real estate projects that have significantly boosted the real estate and urban development in Bahrain. Our efforts align with the government’s Economic Vision for 2030 and tourism strategy.”

Furthermore, Khan remarks, “The Marina Bay project is part of Infracorp’s expansion plans in the real estate portfolio in creating sustainable infrastructure developments across the region.”

It is worth noting that Infracorp B.S.C. is specialized in investing in the infrastructure and sustainable development sector, with a capital of $1.1 bn. Infracorp manages a portfolio of approximately $3 bn in infrastructure assets.


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