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Tue 4 May 2004 04:00 AM

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Floating City project on the Amwaj Islands will drive Bahrain’s economy

Projects such as the Amwaj Island developemnt “will push the wheels of the national economy" in Bahrain.

Crown Prince & BDF commander-in-chief Sheikh Salman bin Hamad Al Khalifa has said projects, such as the US $110 million Tala Island and the $40 million Al Marsa (the Floating City) “will push the wheels of the national economy.” Both projects are key components of the Amwaj Islands development on the northern tip of Muharraq.

Al Khalifa laid the foundation stone in a joint ceremony for Tala Island and Al Marsa and extended his appreciation for the shareholders of both projects and said such initiatives would continue to be the government’s top priority.

“Such projects will push the wheels of the national economy further as well as ensure the better standards of living,” he said.

The ceremony, which took place on-site at Al Saraya, another part of the Amwaj Islands projects, was attended by government officials, members of parliament, Shura Council members, diplomats, high officials from the private and public sectors and other guests.

The laying of the foundation stone took place on a 2 x 2 meter colour sand sculpture of Amwaj Islands, with a marble-made logo of Al Marsa on the actual stone itself.

The Crown Prince went on tour of a Morrocan-style Al Saraya villa by Al Marsa chairman Sa’oud Kanoo and Tala Island chairman Bader Al Ali. Both chairmen also took the Crown Prince on a short journey through key project images, which were displayed, on the exterior wall of the villa.

“Al Marsa Floating City, which is reminiscent of Venice, seeks to capture the exclusive ambience created by other upmarket residential marina projects such as those in St Tropez,” said Kanoo.

The Al Marsa Waterfront project covers an area of 53 430 m2 out of the 83 772 m2 allocated to the Amwaj Islands project as a whole.

Most of the development will be comprised by residential canal lots located at the eastern section of the island, right next to the main entrance of the Amwaj Islands.

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