$600 million resort development planned for Bahrain

Developers are planning to open a $600 million spa and resort in Bahrain over the next three years. The first phase, the Oasis Spa Resort, will open in two years time with other hotels, residential developments and an aqua park to follow.

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By  Shilpa Mathai Published  January 12, 2004

Developers are planning to open a $600 million spa and resort in Bahrain over the next three years. The first phase, the Oasis Spa Resort, will open in two years time with other hotels, residential developments and an aqua park to follow. The project, conceived as a multi-use project that will encompass tourist, leisure, commercial and residential components, has been launched under the patronage of Sheikh Abdulla Bin Hamad Al Khalifa, the Governor of the Southern Province, Bahrain. A leading regional investment bank Gulf Finance House (GFH) is developing the resort. “At GFH, we have always believed in supporting the Government’s economic policies and vision. By developing a landmark project like Al Areen Desert Spa and Resort, we are complementing the efforts of the government in promoting Bahrain as a chosen destination for family/health tourism,” said Esam Yousif Janahi, chief executive officer at GFH. The Al Areen Desert Spa and Resort, which will be located south of Manama and will have four major components, the Oasis Spa Resort; themed hotels, residential village and an aqua park. The heart of the entire development will be the $60 million Oasis Spa Resort, which is being designed to reflect traditional Arabic architectural and design elements. The resort will cover 300,000 sq m and will be developed to offer an array of health, spa and therapeutic facilities. “In terms of the sheer scope of the Oasis Spa Resort there is nothing comparable to it in the region. It will consist of two VIP towers that will house a range of specialised alternative medical therapeutic services, restaurants and 60 bedouin style-tents for guest accommodation,” said Janahi. Themed hotels will be completed in 2006 while the rest of the development will be operational by 2007. Gulf Finance House will soon be offering private placement of subscription in the project to investors; it is currently negotiating management contracts with international companies. Two global design and architectural majors, Edifice and Jean Michelle Ruols Architectes, are jointly developing the conceptual plans of the resort.

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