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Bahrain to invest $250m in Al Sahel Resort

Bahrain to invest $250m in Al Sahel Resort
Al Sahel Resort Company is a 70:30 joint venture between Mumtalakat and Sama Dubai

Mubasher: Al Sahel Resort Company, a 70:30 joint venture between Mumtalakat Holding Company (Mumtalakat) and Sama Dubai, is set to develop a new five-star property on the southwest coast of Bahrain at a total investment of $250 million, said chief executive of Bahrain Economic Development Board Khalid Al Rumaihi.

Scheduled to be completed in two years, the state-of-the-art resort boasts a 1.25 km coastline and an “out-of-the-city” location, daily newspaper Al Watan reported, citing Al Rumaihi as saying.

Al Sahel Resort itself will not be offered to investors, while the adjacent land plots, which double its area, may be offered to real estate developers and businesspeople, according to the chief executive. He stressed that many investors are keen on the project.

“The unique location, as well as high degree of privacy, enable us to serve regional audiences looking for exclusivity. Being the first-of-its-kind in Bahrain, coupled with the high quality and variety of services and amenities on offer, it will allow us to capture the ‘longer-stay’ segment of visitors,” he noted.

The resort will offer an unrivalled level of seclusion and feature both room and villa-based accommodation, and a comprehensive range of entertainment and leisure components for the whole family, Al Rumaihi said.