Infrastructure works start on Phase 2 Durrat Marina
Posted on 29th April 2016
Infrastructure works have started on the Phase Two of Durrat Marina, a major mixed-use development based in Bahrain, to make way for the construction of a new set of canal-facing villas and other prime residences, said its chief executive Waleed Saffy.
Saffy was speaking on the sidelines of the Gulf Property Show, the boutique showcase for real estate and property developments in the region being organised by Hilal Conferences and Exhibitions (HCE), according to Tradearabia news report.
The event will run till April 28 at the Bahrain International Exhibition Centre under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, Prime Minister of Bahrain.
The second phase of the Durrat Marina in Bahrain is now being promoted to attract third-party developers, he stated.
Developed by Inovest and Durrat Khaleej Al Bahrain, Durrat Marina is a sophisticated, state-of-the-art project, distinguished as the Middle East’s first mixed-use marina development. As Phase One is nearly complete, we are now spotlighting Phase Two,” noted Saffy.
Durrat Marina is also showcasing the progress on Phase One, which includes completion of the marina which is currently operated by Port Marine, the villas and residential apartments, as well the promenade which will host an array of cafes and retail outlets.
It will enable the creation of a downtown arena for both Durrat Al Bahrain and Durrat Marina residents and their visitors.
“With the progress of Phase One of the project, we are turning our vision into reality,” stated Saffy, a fifth time exhibitor at the Gulf Property Show.
At the expo, the Durrat Marina team is now promoting investment opportunities and handling enquiries on plots of land available for development. On each project, the group prides itself on delivering maximum value to investors and end-users, observed Saffy.
Saffy said the company had done “exceptionally well” last year. Saffy is optimistic that the market is improving, adding that the company aims to “beat the tough conditions by creating a unique getaway for clients and offer diversification by providing them with the first mixed-use marina development in the kingdom”Back to all Construction News
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