Manama: Bahrain’s Prime Minister Prince Khalifa Bin Salman Al Khalifa said that the Dragon City, a Chinese shopping mall he inaugurated on the island of Muharraq, was the “fruitful outcome of the outstanding Bahraini-Chinese relations”.
The opening of the City is also the result of Bahrain’s reputation as a country with a successful investment environment, Prince Khalifa said at the opening ceremony.
The mega project, built by Diyar Al Muharraq on a total land area of 115,000 square metres at a total cost of $100 million (Dh367 million), features more than 360 wholesale and retail stores.
The launch of new mega investment projects in the kingdom reflects the investors’ confidence in the strength of the Bahraini economy, Prince Khalifa was quoted by the Bahrain News Agency (BNA) as saying.
Such projects also consolidate the kingdom’s competitive potential in attracting more capital, which supports the government’s strategy that is aimed at diversifying its sources of income, he added.
Dragon City, with a built up area of 56,000 square meters, is the first of its kind development in Bahrain that offers wholesale and retail opportunities to local consumers, trade customers and tourists. Dragon City encompasses Dragon Mall and a themed “Dining Village”.
The mall design is strongly influenced by Chinese architectural and cultural aspects.
