Diyar Al Muharraq has appointed Nass Contracting for the construction of phase one of Dragon City, a Chinese-themed retail development in Bahrain
Part of the Diyar Al Muharraq development, Dragon City will have a gross floor area of 51,000 sq m, including about 700 retail stores, warehousing of 5,000 sq m, a dining street of 6,000 sq m plus car parking for 1,500 customers.
The project will be developed by Dragon City, a subsidiary of Diyar Al Muharraq, and operation of phase one will be undertaken by Chinamex Middle East, a statement said.
Dragon City will offer discounted goods and will cater to both wholesale and retail consumers.
Diyar Al Muharraq chairman, Abdul Hakim Al Khayyat, said: "We look forward to working hand in hand with Nass Contracting who has an excellent reputation for timely completion of projects with great attention to applying the highest standards of quality standards in all their projects.
"As per our contract, Dragon City Phase I will be constructed by Nass Contracting over a 14-month period. The anticipated opening of the mall is June 2015."
Ghazi Nass, CEO of Nass Contracting, added: "We guarantee that we will comply with the highest standards of construction which reflect the values of Diyar Al Muharraq. By adhering to best practices, we will deliver promptly as scheduled, in time for the opening of the mall in June 2015."
The facility will offer a variety of Chinese products such as home appliances, household items, building materials, furniture, toys, machinery, garments, textiles, footwear and general merchandise.
Dragon City is expected to attract more than half a million visitors a year.
China’s fast-emerging middle class is boosting tourists and shoppers to the GCC. Dubai developer Nakheel is doubling the size of its Dragon Mart Mall, adding an additional 1.7m sq ft of retail space and 5,000 parking spaces at the China-themed mall.
Qatar’s Barwa Real Estate last year signed a deal with Chinese retail giant Dragon Mart to open a market for Chinese products in the Gulf state.
Diyar Al Muharraq is a $3.2bn mixed-use development being developed by Kuwait Finance House Bahrain and several other private GCC-based investors.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.