Kooheji Global Holding launches “KGH” Tower project
Bahrain Bay, Manama
Nama International Real Estate (a fully-owned subsidiary of Kooheji Global Holding) announced the launch of their recent mixed-use project â€œKGH Towerâ€ situated at Bahrain Bay development with a total approximate cost of USD 300 million.
The announcement took place during the signing ceremony at the head office Bahrain Bay Development Company between Nama International Real Estate and Bahrain Bay Development. Official representatives were Mr. Tariq Al-Kooheji, Managing Director of Kooheji Global Holding and Chief Executive Officer of Bahrain Bay Development.
Mr. Tariq Al-Kooheji said â€œWe are glad to announce the launch of our latest development that would be considered as the pride and back bone of our company. The project will consist of two phases, where phase one will consist of a 4- Star Hotel with around 175 keys, 120 Luxury Serviced Apartments, higher-end Commercial Office space and Retail Zone and Multi Storey Car Park space, whereas Phase 2 will consist of the 5-Star Hotel comprising of around 240 rooms.
â€œWe started communicating with top international hotel brands and operators to be our partners, overall we paid careful thought and consideration to make sure that the project will be developed based on the highest international design standards catering to the growing needs of the hospitality and commercial sectors in the kingdom of Bahrainâ€ added Mr. Al-Kooheji.
Chief Executive Officer of Bahrain Bay Development said that: â€œwe are very happy about our partnership with Kooheji Global Holding through their real estate arm Nama International, and would like to congratulate them on appointing a dedicated team to complete their initial feasibilities and concept for their new project. We believe that the project chosen by them will be among the land mark projects at Bahrain Bay, a waterfront community that is designed at offering a high-end lifestyle of international standards to meet the needs of commercial, corporate, investment, banking and leisure sectors. We at Bahrain Bay would like to thank Nama International for choosing Bahrain Bay to host their iconic project and assure our full technical and managerial support in accomplishing it, the outcome of which will contribute added value to the business, hospitality and tourism markets of Bahrain as well as the region and create many job opportunities for Bahrainis in the Kingdom.BACK TO NEWS