“This coveted Award from CPI is recognition for diversifying our investment portfolio and the implementation of strong risk mitigation measures to safeguard our investments against economic challenges,” said Abdulhakeem Alkhayyat Managing Director and CEO of KFH-B.
“We thank the voters for their support and acknowledgement; this is a great recognition towards our contribution to the economic sustainability of the Kingdom of Bahrain.”
“Baytik Industrial Oasis (BIO), a state-of-the-art industrial park situated at Bahrain International Investment Park (BIIP) in Salman Industrial City, Kingdom of Bahrain, BIO is a wholly-owned subsidiary of KFH-B, BIO-based companies, will benefit from: pre-built advanced manufacturing units built to a world-class standard; zero % corporate tax; 100% foreign ownership; superior infrastructure; duty free access to all GCC markets; excellent connectivity through road, air and sea; an FTA with the US and access to a talented and well trained workforce pool,” added AlKhayyat
“This latest award reflects our strategic expertise and innovative business approach. We are very grateful to CPI Financial and industry players for recognising our sustained commitment to excellence,” said Osama Alkhajah, Chairman of Baytik Industrial Oasis.
“Phase one of the scheme comprises six pre-built manufacturing units for lease, each consisting of four modules of equal sizes, Providing flexibility in options, a company can invest in single or multiple units covering up to 9,600 square metres. BIO also offers a dedicated logistics area, built to serve all the logistic requirements within the BIIP,” added Alkhajah.