Manama, Bahrain: Take a last look at the Manama skyline as it exists today, for it is about to change completely with the rapid emergence of the Bahrain World Trade Centre (BWTC) which can now be seen rising above the hoardings around the grounds of the Bahrain Commercial Complex adjacent to the Sheraton Hotel. The BWTC, a 50-storey, twin tower development is currently under construction and making rapid progress as a 'fast track' development, meaning that the building should be completed by its scheduled date of June 2006.
A picture released today by DTZ Bahrain, International Property Advisers advising on the project, shows the rapid development of the BWTC in only 6 months. The pictures show the progression of foundations in three stages, firstly as they were in December 2004 showing the initial footprint of the two towers clearly in place; the second showing the foundations near completion when Bahrain undertook its largest concrete pour to complete them in December, and the third more recently shows the rising towers as they are now, emphasising the speed at which this development is progressing.
Not only will the completion of the BWTC mean a change to Manama skyline with twin towers standing at 240 metres in height, but it will also bring with it 34 floors of tenantable office space in each tower as well as an expansion of the existing exclusive shopping venue of the Bahrain Commercial Complex to more than double its current size. In addition the Sheraton Hotel will be re-furbished to become an integral part of the BWTC.
Plans for the Bahrain WTC will make it more than just an office building; it is set to become Bahrain's most prestigious commercial address, offering tenants and visitors a complete business environment incorporating extensive facilities to develop and enhance trade opportunities, as well as providing technically sophisticated commercial services, meeting rooms and conference facilities. Traditionally World Trade Centres the world over have a strong profile, attracting business investment and relationships and enhancing the commercial environment of the cities in which they are situated.
International property consultant DTZ has been appointed to lease the 50-storey twin tower development, and will also be responsible for ensuring the centre is effectively managed by an experienced management team.
Claire Hughes, Associate Director of DTZ commented, "We are keen to show the rest of the world what Bahrain can achieve when it puts its mind to it. The rate of the construction phase really is a credit to the lead contractors, Nass Murray & Roberts, and to everyone else involved on the project team. We also have a great opportunity to showcase Bahrain's strong commercial abilities and develop them through the World Trade Centre Association which will allow local businesses to reach 750,000 businesses worldwide."
She added, "We are proud to be involved in this impressive project which is very much on schedule for completion and will offer the most prestigious business address in Bahrain. The Bahrain World Trade Centre will be a landmark for the Kingdom of Bahrain and for the region, reinforcing its commercial strengths and enhancing its position as a major commercial hub for trade and finance in the Middle East and the global market place."
Bahrain is set to benefit from the link with more than 300 World Trade Centres in over 100 countries all linked through World Trade Centre Association. Established in 1970, The WTCA moves across national boundaries offering opportunities to those who wish to develop and facilitate international trade bringing together exporters, importers and service providers who offer essential trade services and consequently help to stimulate the economy of the region it serves.
DTZ is a leading global real estate services company providing a full range of services on a local, regional and international level to investors, occupiers and owners across all sectors of the real estate market. The company has over 8,000 staff operating from 42 different countries worldwide. They can be contacted at their Bahrain office on +973 17540330 and more details of the BWTC can be found by logging on to www.bahrainwtc.com
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Issued on behalf of DTZ by MICE Management WLL, the PR division of Contact Communications WLL, Bahrain.
For further information, please contact
Carol Melrose in Bahrain on
Tel: +973 17540091 or
Fax: +973 17540092,
Mob: +973 39608905.
© Press Release 2005
