Upcoming Projects in Bahrain 2024: A Look into the Future
Upcoming Projects in Bahrain 2024: A Look into the Future
Bahrain, a small island country in the Persian Gulf, is known for its rich history, culture, and economy. The country has been investing heavily in infrastructure development, tourism, and technology to attract more investors and visitors. In this article, we will take a closer look at some of the upcoming projects in Bahrain in 2024.
Infrastructure Development
Bahrain is planning to invest $32 billion in infrastructure development projects over the next decade. Some of the major projects that are expected to be completed by 2024 include:
Bahrain Metro
The Bahrain Metro, one of the most ambitious and anticipated projects in Bahrain, is a rapid transit system that will connect the main cities and areas of the country. The project will reduce traffic congestion, improve public transportation, and enhance mobility and accessibility. The metro will have four lines, covering a total distance of 109 kilometers and serving 85 stations. The first phase of the project will include two lines. It is expected to be completed by 2024, at a cost of $2 billion. The metro will have a capacity of 43,000 passengers per hour per direction and will operate at a speed of 80 kilometers per hour. The multi-million project’s first phase will witness the development of a 109km rail transit network with two lines (29 km) with 20 stations.
Sports City
The Sports City is another major project that will boost Bahrain’s sports and entertainment sector. It is a multi-purpose complex that will host various local and international events. The project will include a 50,000-seat stadium, a 10,000-seat indoor arena, a 5,000-seat aquatics center, a 3,000-seat tennis center, and a 1,000-seat velodrome. The project will also feature a sports academy, a sports museum, a sports hotel, and a sports mall. The Sports City will be located in Sakhir, near the Bahrain International Circuit. It will cover an area of 1.6 million square meters. The project is due to be completed by the end of 2025, with a cost of BD185.6 million.
Bahrain International Airport Expansion
The Bahrain International Airport is undergoing a major expansion to increase its capacity to 14 million passengers per year. The project is expected to cost $1.1 billion and will be completed by 2024. The expansion includes a new passenger terminal, a new runway, and other facilities.
King Hamad Causeway
The King Hamad Causeway is a 25 km bridge that will connect Bahrain and Saudi Arabia. The project is expected to cost $4 billion and will be completed by 2024. The causeway will have four lanes for vehicles and two railway tracks.
Salman Industrial City
Bahrain is also keen to diversify its economy and promote its industrial sector. The sector contributes to 20% of the country’s GDP. The Salman Industrial City is a key project that will support this vision. It is a modern and integrated industrial zone that will host various industries. These include manufacturing, logistics, food, and pharmaceuticals. The project will provide state-of-the-art facilities, infrastructure, and services for local and foreign investors. It will also create thousands of jobs and opportunities. The project will span an area of 12.5 square kilometers. It will be divided into three main zones: Bahrain International Investment Park, Bahrain Investment Wharf, and Hidd Industrial Zone. The project is expected to attract over BD4 billion worth of investments by 2024.
Salmaniya Medical Complex
Healthcare is another priority sector for Bahrain. The country aims to provide high-quality and affordable services for its citizens and residents. The Salmaniya Medical Complex is the largest and oldest hospital in the country. It is undergoing a major revamp to improve its facilities, equipment, and capacity. The project will include the construction of a new 11-story building, a new emergency department, a new radiology department, a new laboratory, and a new pharmacy. The project will also upgrade the existing buildings, wards, and clinics. It will increase the number of beds from 1,200 to 1,500. The project is expected to cost BD9 million and be completed by 2025.
National Assembly
Bahrain is also committed to enhancing its political and democratic system. It wants to strengthen its legislative and judicial institutions. The National Assembly is the bicameral parliament of Bahrain. It will have a new building that will reflect its role and status. The project will involve the construction of a new complex that will house the Council of Representatives, the Shura Council, and the Constitutional Court. The project will also include a conference hall, a library, a museum, and a media center. The project will be located in Zallaq, near the King Fahd Causeway. It will cover an area of 40,000 square meters. The project is expected to cost BD20 million and be completed by 2024.
Tourism Development
Bahrain is also investing in tourism development to attract more visitors to the country. Some of the major projects that are expected to be completed by 2024 include:
Bahrain Bay
Bahrain Bay is a $2.5 billion waterfront development project that will include residential, commercial, and entertainment facilities. The project is expected to be completed by 2023 and will cover an area of 430,000 square meters.
Dilmunia Island
Dilmunia Island is a $1.6 billion mixed-use development project that will include residential, commercial, and healthcare facilities. The project is expected to be completed by 2024 and will cover an area of 125,000 square meters.
Al Sahel Resort
Al Sahel Resort is a $1.5 billion luxury resort project that will include hotels, villas, and other facilities. The project is expected to be completed by 2024 and will cover an area of 2.5 million square meters.
Technology Development
Bahrain is also focusing on technology development to attract more investors and create more job opportunities. Some of the major projects that are expected to be completed by 2024 include:
Bahrain Tech Valley
Bahrain Tech Valley is a $1.5 billion technology park that will include research and development facilities, incubators, and accelerators. The project is expected to be completed by 2023 and will cover an area of 2.5 million square meters.
Bahrain Fintech Bay
Bahrain Fintech Bay is a $100 million fintech hub that will provide a platform for fintech startups and companies. The project is expected to be completed by 2024 and will cover an area of 10,000 square meters.
Bahrain International Investment Park
Bahrain International Investment Park is a $1.5 billion industrial park that will provide a platform for manufacturing and logistics companies. The project is expected to be completed by 2024 and will cover an area of 1.5 million square meters.
Conclusion
Bahrain is a country that is rapidly developing and expanding its economy. The upcoming projects in Bahrain in 2024 are a testament to the country’s commitment to infrastructure development, tourism, and technology. These projects will not only create more job opportunities but also attract more investors and visitors to the country. With the completion of these projects, Bahrain is poised to become a major player in the region’s economy.