FAQ :
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- What is Bahrain Financial Harbour (BFH)?
- Where is the development located?
- What is the site area of the development?
- What are the projects at BFH development?
- What is Phase I of the project?
- What will be the population of BFH be upon completion of the development?
- How many parking spaces will there be within the development?
- Who are BFH HC’s strategic advisors?
- Why does Bahrain need BFH?
- How does BFH add value to Bahrain?
- How will the development effect Bahrain’s GDP?
- What job opportunities will be created by BFH?
Who should I contact if I want to:
- Who should I contact if I want to invest, purchase, lease or become a service provider for the development
- Who should I contact for Corporate Communication ?
- Bahrain Financial Harbour (BFH) is a world-class, fully integrated master planned development aiming to create a complete financial city, a self contained community, in the centre of Manama, Kingdom of Bahrain. The Bahrain Financial Harbour Development Project covers a prime seafront property where reclamation and infrastructure development will be undertaken. The property will be developed into a diversified range of office, residential, retail, leisure and dining components that will cater to all needs.
- The development is located on the north facing shore of Manama, adjacent to the commercial centre “Bab Al Bahrain”, and is seen prominently from the King Faisal Highway. BFH is an approximate 10 minute drive from the Bahrain International Airport and 15 minutes away from the King Fahad Causeway, which connects Bahrain to Saudi Arabia.
- The development will be built on a site area of 380,000 m2 of reclaimed land.
- BFH development comprises of 10 projects:
1. Financial Centre
2. Commercial West - 3. Commercial East
- 4. Harbour Row
- 5. Hotel
- 6. Residential South
7. Diamond Tower
8. Residential North
9. Bahrain Performance Centre
10. Dhow Harbour - Within the 10 projects, the development will comprise of 28 parcels.
- The Financial Centre is Phase I of the project, and it consists of 3 components: the Harbour Towers, Harbour Mall, and Harbour House.
- It has been estimated that more than 7,000 people will be residing in BFH and more than 8,000 will be working within the development.
- More than 11,000 covered parking spaces will be provided for tenants and visitors of the various parcels. The Financial Centre alone offers 4,000 spaces. International standards for parking requirements have been used as a benchmark for determining the minimum number of parking spaces required.
- Gulf Finance House (GFH) - Financial Advisor and Placement Agent
- 1. Bahrain does not have a focused Financial District. There is limited physical space in Manama for the continued growth of the financial sector, in addition to the increase in congestion. This has resulted in scattering financial institutions away from one another, effectively fragmenting the financial district. BFH was created to assemble the financial institutions in the country in one focal area, thereby creating a unique business address.
- 2. BFH has integrated the under utilized Bahraini waters, which have remained largely hidden from the public as decades of development have moved the urban centres away from the shoreline
- 3. Due to increased regional demand, there has been a steady rise in real estate prices.
- BFH will provide a unique lifestyle offering living, working, and entertainment facilities. It was created to enhance Bahrain’s position as the financial capital of the Middle East by creating an environment to reflect the high technology and sophisticated needs of regional and international financial institutions.
- The current contribution of the financial co-operation sector to the GDP stands at 19.7%. Once the development is completed, economists project that the sector’s contribution to the GDP will further grow larger. Additionally, BFH will also be both directly and indirectly responsible for positively contributing to the national GDP through enhanced FDI and a ripple economic effect created through higher job creation and economic value addition.
- Job opportunities will be created by BFH in the professional sector, including banking and insurance, consultation, trading and retial brokerage fields. In addition, new jobs will be created in the service sector as well as in the fields of retail and leisure.
- Contact: Mr. Salwan Uchi, Marketing Director, Bahrain Financial Harbour. Tel: (973) 17563563 e-mail: s_uchi@bfharbour.com
- Contact: Ms. Wedad Janahi, Corporate Communicaqtion Officer, Bahrain Financial Harbour. Tel: (973) 17563563 e-mail: wedad@bfharbour.com
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