The region's first boutique-style logistics area that focuses on re-export and logistics activities will soon open in Bahrain.
It is poised to attract companies looking to set up in the Bahrain Logistics Zone (BLZ).
A tenant attraction and screening process was defined to ensure a mix of local and international tenants and provide the foundation for the development of a regional logistics hub.
During the process, BLZ will compile a list and select local applicants through a book building process, which will gauge interest levels and demand from local companies.
"The selection of local tenants through the book building process will provide fairness and transparency and applicants will know exactly what criteria are evaluated in order to be short-listed," said General Organisation of Sea Ports, which regulates and operates the BLZ chairman Shaikh Daij bin Salman Al Khalifa.
"We have appointed a selection committee comprising of key stakeholders of the zone to thoroughly evaluate all applications and ensure that the selection process is impartial and transparent."
BLZ is aiming to boost Bahrain's visibility as a logistics hub for the region, focusing on local and international logistics companies interested in expanding in the GCC.
"This is what will set us apart from the other zones in the region; we are not searching for just anyone to set up here. We are searching for those companies that will add value to Bahrain, provide direct or foreign direct investment, create jobs, and support the BLZ's goal of making Bahrain a viable alternative logistics hub in the Gulf," said assistant director general Hamad Fakhro.
The logistics industry is growing fast in response to increasing demand from businesses, and supported by government investment, the number of large infrastructure projects is increasing in the region.
"The Bahrain Logistics Zone leverages Bahrain's ease of doing business, its unique location in the northern Gulf, and the new KBS Port to emerge as a regional hub for logistics," said A T Kearny vice president Robert Ziegler, of the global strategic management consulting firm involved in the project.
It is poised to attract companies looking to set up in the Bahrain Logistics Zone (BLZ).
A tenant attraction and screening process was defined to ensure a mix of local and international tenants and provide the foundation for the development of a regional logistics hub.
During the process, BLZ will compile a list and select local applicants through a book building process, which will gauge interest levels and demand from local companies.
"The selection of local tenants through the book building process will provide fairness and transparency and applicants will know exactly what criteria are evaluated in order to be short-listed," said General Organisation of Sea Ports, which regulates and operates the BLZ chairman Shaikh Daij bin Salman Al Khalifa.
"We have appointed a selection committee comprising of key stakeholders of the zone to thoroughly evaluate all applications and ensure that the selection process is impartial and transparent."
BLZ is aiming to boost Bahrain's visibility as a logistics hub for the region, focusing on local and international logistics companies interested in expanding in the GCC.
"This is what will set us apart from the other zones in the region; we are not searching for just anyone to set up here. We are searching for those companies that will add value to Bahrain, provide direct or foreign direct investment, create jobs, and support the BLZ's goal of making Bahrain a viable alternative logistics hub in the Gulf," said assistant director general Hamad Fakhro.
The logistics industry is growing fast in response to increasing demand from businesses, and supported by government investment, the number of large infrastructure projects is increasing in the region.
"The Bahrain Logistics Zone leverages Bahrain's ease of doing business, its unique location in the northern Gulf, and the new KBS Port to emerge as a regional hub for logistics," said A T Kearny vice president Robert Ziegler, of the global strategic management consulting firm involved in the project.