Al-Basta Market opens its doors for public

Al-Basta Market, a joint initiative between Tamkeen and the Southern Governorate, is set to open its doors to the public on Friday 22nd February. The initiative aims to spur trade activity in the area by establishing a modern and fully-equipped marketplace that will serve as an important destination for traders and residents in the Southern Governorate community and the Kingdom of Bahrain.

The announcement came in a press conference attended by Sheikh Abdullah bin Rashid Al Khalifa Governor of the Southern Governorate, Tamkeen Senior Manager Private Sector Support Mohammed Bucheery, Dr. Hashim Hussein Head of United Nations Industrial Development Organization (UNIDO) in Bahrain, Dr. Waheed Al-Qassem CEO of Ebdaa Bank, and other senior officials.

The market will be located next to Riffa Views. Over 144 enterprises are expected to benefit from the project over its three-month duration. Tamkeen’s support in this leading project is part of its efforts to develop enterprises in the private sector to make it the key engine of economic development.

The project targets startups and micro-enterprises as well as farmers in the Southern Governorate. Tamkeen will contribute BD 60,000 to the project’s total budget of BD 100,000.

More than 66,000 Bahraini citizens and enterprises have benefited from Tamkeen’s various support programmes to date, and the number is expected to rise to 100,000.