by nick
16. March 2010 20:51
The international marina developer and operator Mourjan Marinas IGY have announced a deal to build two new marinas in Bahrain.
In a partnership with Global Real Estate Development Company (GREDCO) two new marinas as part of the upcoming Marsa Al Seef project in the the kingdom are to be constructed. GREDCO is a subsidiary of Global Banking Corporation, the developers and financial advisors of the Marsa Al Seef project, which will oversee the development of the luxury water-front project.
It is scheduled to begin later this year and will include exclusive hotels, extensive dining establishments and retail space set to establish Marsa Al Seef as one of the region’s premier marina lifestyle destinations.
Michael Horrigan, CEO of Mourjan Marinas IGY, said: ‘‘We are thrilled to be working with this exclusive waterfront development in Bahrain. This new venture enhances our dedication to the successful development of maritime lifestyles in the region and allows us to begin the new decade by contributing to the planning and design of this exciting new project for Bahrain.’’
Source IGY Marinas for more information, visit www.igymarinas.com.