Al-Mazaya Hold­ing achieves 82% oc­cu­pancy rate in its Mazaya Lo­gis­tics project in Bahrain

Kuwait Times - - BUSINESS -

MANAMA:

The ML con­sists of 44 in­dus­trial units di­vided into dif­fer­ent ar­eas rang­ing from 316 & 577 square me­tres up to 15,250 square me­tres. The project boasts spa­ces that are suit­able for mul­ti­ple pur­poses such as ware­houses, of­fices, in­dus­trial work­shops and fac­to­ries. More­over, it is char­ac­terised by flex­i­ble de­sign con­cepts and com­pet­i­tive prices.

With state-of-the-art in­fra­struc­ture and in­te­grated ser­vices, such as fa­cil­ity man­age­ment, clean­ing ser­vices, main­te­nance and se­cu­rity, Mazaya Lo­gis­tics serves as a main des­ti­na­tion for lo­gis­tics busi­ness and in­vest­ment, and a re­gional and in­ter­na­tional hub for pro­duc­tion, ex­port, im­port and re-ex­port ac­tiv­i­ties. By leas­ing the re­main­ing in­dus­trial units, Al-Mazaya Hold­ing is striv­ing to de­velop and ex­pand this model on the lo­cal and re­gional level, as part of

Dalal Al-Nafisi

its strat­egy to ad­vance the progress of the lo­gis­tics sec­tor. The aim is to make this in­dus­try the des­ti­na­tion of choice for in­vestors and busi­ness­men to keep pace with global eco­nomic de­vel­op­ments. Strate­gi­cally lo­cated in a prime area, the project will pro­vide the best fa­cil­i­ties and ser­vices to help in­vestors thrive.

With a broad range of in­cen­tives and com­po­nents for suc­cess, Mazaya Lo­gis­tics is well-po­si­tioned to be a vi­tal project that sup­ports the cor­po­rate ten­ants and pro­motes their en­ter­prises. The project will re­de­fine the de­ter­mi­nants of lo­cal and in­ter­na­tional trade to boost pros­per­ity in the re­gion.

Ma­jor lo­cal and in­ter­na­tional firms op­er­at­ing in in­dus­trial, freight lo­gis­tics, trans­porta­tion, stor­age and sup­ply-chain man­age­ment sec­tors have rushed to book their units at Mazaya Lo­gis­tics. These con­glom­er­ates ac­count for the ma­jor­ity of de­mand for the units in the com­plex. This highly at­trac­tive project, which serves mul­ti­ple mod­ern in­dus­tries, has be­come a favoured base for re­puted man­u­fac­tur­ers and ex­porters.

Many firms re­ceived their sites and are pre­par­ing to set up their en­ter­prises. The range of na­tion­al­i­ties of for­eign ten­ants is due to the strate­gic co­op­er­a­tion and in­vest­ment part­ner­ship be­tween Bahrain and most coun­tries of the world. In ad­di­tion, Mazaya Lo­gis­tics is striv­ing to at­tract re­puted com­pa­nies from Euro­pean and Amer­i­can mar­kets, as well as the Japanese firms that spe­cialised in strate­gic and lo­gis­tics in­dus­tries.

An ex­ten­sive mar­ket­ing cam­paign is be­ing im­ple­mented in a num­ber of Arab and for­eign coun­tries with a fo­cus on at­tract­ing var­i­ous in­dus­tries, such as con­tainer, ve­hi­cles, en­ergy, chem­i­cal equip­ment, food­stuffs, ma­rine equip­ment, lo­gis­tics and en­gi­neer­ing met­als. Eval­u­a­tion stud­ies on var­i­ous mar­kets are car­ried out on reg­u­lar ba­sis to ex­plore po­ten­tial in­vestors.

Dalal Al-Nafisi, Se­nior Man­ager of Prop­erty Depart­ment at Al-Mazaya, said: “There is an in­creas­ing de­mand for high-qual­ity in­dus­trial units this year, par­tic­u­larly those re­lated to man­u­fac­tur­ing and lo­gis­tics sec­tor. Mazaya Lo­gis­tics is a ro­bust in­vest­ment mar­ket, highly at­trac­tive for those in­vestors and busi­ness­men who are seek­ing to re­lo­cate their busi­ness. The high oc­cu­pancy rate and com­pet­i­tive prices, com­bined with nu­mer­ous other fac­tors, con­trib­ute to es­tab­lish­ing a real mar­ket with at­trac­tive re­turns and fixed in­come dur­ing the com­ing pe­riod.” She clar­i­fied that Mazaya Lo­gis­tics is an ideal plat­form for busi­ness and is aimed at in­creas­ing trade ex­change, in­tro­duce in­vest­ment op­por­tu­ni­ties and pro­mote con­nec­tions and part­ner­ships among busi­ness­men. The project will sup­port eco­nomic growth, non-oil trade, job cre­ation and for­eign cur­rency de­posits in the re­gion. It is a vi­tal project that sup­ports the de­vel­op­ment of a di­verse knowl­edge-based econ­omy.”

She added that Al-Mazaya Hold­ing, in col­lab­o­ra­tion with Ma­jal Com­pany, pro­vides all the nec­es­sary fa­cil­i­ties to sup­port de­mand for the project, which is well-placed due to its ac­ces­si­bil­ity to the in­vest­ment base in Bahrain In­vest­ment Wharf.

The lo­ca­tion at­tracted a group of lo­cal and in­ter­na­tional com­pa­nies to set up their en­ter­prises in main in­dus­tries. These ac­tiv­i­ties sup­port a strate­gic fo­cus on in­dus­try and lo­gis­tics, drive the re­gion’s eco­nomic growth and help meet the ob­jec­tives of the project.

She stressed that Al-Mazaya Hold­ing is com­mit­ted to cap­i­tal­iz­ing in­vest­ment op­por­tu­ni­ties, ex­pand­ing and di­ver­si­fy­ing its ac­tiv­i­ties, and tak­ing ad­van­tage of the at­trac­tive in­vest­ment en­vi­ron­ment in the GCC and Arab mar­kets.

To this end, the com­pany collaborates with renowned part­ners that have a proven track record of suc­cess in their re­spec­tive sec­tors. Mazaya Lo­gis­tics is growing con­sid­er­ably in the lo­gis­tics mar­ket, viewed as a unique op­por­tu­nity for SMEs from Arab and for­eign coun­tries.

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