Private investor signs 30 year deal with government to overhaul garden to cater to community, both commercially and socially
Bahraini private investor, Fouad Shuwaitar, has signed a 30-year agreement with the government to begin work on the overhaul of the ‘Grand Muharraq Garden’ to cater to the needs of the community, commercially and socially.
The $63.6m renovation plan will take three years and will include building an indoor ski slope that will be the kingdom’s first-full sized ice arena. The 111,000m2 project will include a large park, restaurants, a fitness club, an elderly centre, and family resting areas.
It will also feature a commercial complex on the side of the airport which will be leased to airlines, car rental companies and cargo providers, and will include a business centre, banks and insurance offices.