The real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), the country’s sovereign wealth fund, has announced that the masterplan for the 1.3 million sq m mixed-use mega project Bilaj Al Jazayer development has been approved.
Bahrain Real Estate Investment Company (Edamah) said the plan has secured backing from Bahrain’s Higher Urban Planning Committee chaired by Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.
Edamah’s chairman, Khalid Al Rumaihi, said the masterplan is designed to achieve a balance between economic and social development and environmental sustainability in line with the kingdom’s commitment to bring carbon emissions to net zero by 2060.
Al Rumaihi said the mixed-use coastal city will incorporate green and clean technologies to purify the air and reduce temperatures, as well as shaded walkways near key facilities to encourage walking and minimise the use of cars.
He added that the buildings will also be designed in a way that reduces heat exposure to reduce electricity required for air conditioning.
Located on the southwest coast of Bahrain, Bilaj Al Jazayer aims to transform Bahrain’s tourism landscape. The masterplan includes hotels, entertainment and leisure facilities, restaurants, and retail and residential components.
The project also includes a 3km beach, which is the cornerstone of the masterplan.
The supporting infrastructure will include water recycling facilities as well as facilities for generating electricity from solar energy.
Al Rumaihi said: “We will continue to develop projects that are aligned with the vision and directions of the Government of Bahrain and the forward-looking Economic Recovery Plan.
“Bilaj Al Jazayer is a key development for Edamah and it will contribute in advancing the Kingdom of Bahrain’s infrastructure and add value to the tourism sector.”
Edamah’s CEO, Amin Al Arrayed, added: “Edamah’s goal is to ensure that the Bilaj Al Jazayer general masterplan serves Bahrain’s economic and leisure interests, while at the same time minimising the environmental impact.
“All future projects at Bilaj Al Jazayer will be developed in a holistic manner, with consideration to both cultural values and market demand. The public can expect a range of new project announcements in the coming months and years as we partner with local and international investors.”