Marcopolis presents the Bahrain Report focused on the investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are industry, telecom, banking sector, ICT, investments and more.
Developed in conjunction with Ext-Joom.com
Bahrain Bay has managed to sell 65 per cent of the land despite the financial crisis, and the difficulties of the real-estate market over the last 3 years and attracted a diversity of investors; local, regional and international. The challenge is to choose the right investors as Mr. Vincent says
"One of the biggest problems we have with any real-estate boom is that we get a lot of the same, not just in Bahrain, but all around the world. The reason you end up with boom-bust cycles is because you only supply one or two products in the real-estate market. As we move forward, we need to make sure that we diversify our products, that we diversify our investors and that we respond to the real demand in the local real-estate market, and that is what we are doing at the moment."