MAJAAL WAREHOUSE COMPANY SIGNS DEAL WITH BROADWAY TRADING
Majaal Warehouse Company, a developer and operator of industrial facilities for small and medium enterprises (SMES) in Bahrain, has inked a partnership deal with Broadway Trading & Services, a major exporter of recycled plastics on the sidelines of the Gulf Industry Fair 2018.
Set up in 2011, Broadway Trading & Services specialises in the procurement of heavy equipment for the oil and gas sector. The Ƥrm is now installing processing facilities at Majaal which will specialise in turning factory processed plastic into granulated material ready for export to the Far East, said the company in a statement. While the inputs will originate in Saudi Arabia, the business will be a manufacturer and net exporter of material produced in Bahrain.
At the signing, Amin Al Arrayed, the managing director of Majaal Warehouse Company, said: “We are very pleased to welcome Broadway to our facilities, where they will occupy nearly 1765.15sqm, making them our third largest tenant. We are excited that Broadway’s innovative operations are creating jobs and value for the economy. Their selection of Majaal as their new home further reaƥrms our position as the preferred provider of industrial facilities in the Kingdom.”
Dawood Ma, the co-partner of Broadway, said: “We chose Majaal primarily for the quality of its industrial facilities and the responsiveness of their management. We need our facilities to work for us and in Majaal we have found a good partner. Majaal’s location is also ideal as it provides us easy access to both the seaport and the highway leading to Saudi Arabia. Their team is professional and friendly which makes for a great working relationship. We are planning to expand in the future and we expect that Majaal will help facilitate our future growth.”