Empowering Your Business
Empowering Your Business
LEADING THE FUTURE OF GLOBAL BUSINESS
A Wealth of Opportunities A Prime Position Whether you are a company interested in setting up in the Middle East with an eye for growing your business or relocating your office to a more cost effective and convenient location, then Baytik Industrial Oasis (BIO) is the answer. Strategically located in the Kingdom of Bahrain, BIO is an industrial park with a difference, fully equipped with everything you need to expand your business. Providing more than just a great location, Bahrain is recognised as one of the Middle East’s most progressive countries as well as offering a friendly environment to do business. These are just some of the factors that have helped Bahrain to position itself as a prime location for companies operating in the region. In a world of instability, when plans of expansion seem light years away from realization, BIO in Bahrain presents tremendous opportunities and growth potential, which will help turn your business plans into reality.
Centrally located in the Arabian Gulf, Bahrain is an island country and member of the Gulf Cooperation Council (GCC) along with six other states; Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The GCC is one of the fastest-growing markets in the world and has become increasingly significant to the global economy in recent times. In Bahrain there has been a surge of foreign investment across a broad range of sectors, which has continued to expand and grow rapidly. Reforms and improvements have been made to strengthen the private sector, making Bahrain an attractive location for enterprises who are considering expansion overseas. Bahrain’s central location in this market of abundant opportunity and its position as the region’s prime financial capital, make it a destination of choice for an increasing number of international businesses. With lower operating costs than its neighbors, along with the benefits of superb transport infrastructure and tax free benefits, it’s easy to see why.
AN EPICENTRE OF GROWTH & PROSPERITY Open for Business Bahrain has seen a sharp increase in the amount of world renowned businesses that have moved to the island to avail of its great location, cosmopolitan lifestyle, superb transport infrastructure and low operating costs. Let’s have a look at why expanding your business in Bahrain through BIO offers a gateway to your business growth: •
World class pre-built advanced manufacturing units of the highest standard equipped with all basic facility requirements
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The Middle East’s freest economy, ranked 16th worldwide.
• Zero % Corporate Tax, the lowest in the region and guaranteed for 10 years to aid financial planning •
100% Foreign Ownership
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A 40 year track record as the Gulf’s leading financial centre
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World class infrastructure
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Unrivaled access to the booming Gulf market
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Duty free access to all GCC markets
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One hour’s drive from 50% of Saudi Arabia’s economy
• Free Trade Agreement with the USA, allowing free trade at 0% tax with the USA •
Exemption from import duties on raw materials / equipment
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The Gulf’s lowest operating and living costs
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Talented, well trained workforce
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No recruitment restrictions means unlimited access to the expertise of an international human capital pool for 5 years
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One of the highest qualities of life in the Middle East
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Safe and secure environment to do business
A Vibrant Lifestyle Choice Bahrain’s cultural heritage and international workforce have led to the emergence of a cosmopolitan lifestyle. A melting pot of cultures, enhanced by the unique features of traditional Bahrain, has led to a way of life that seamlessly blends the modern with the traditional. In fact, Bahrain has one of the highest qualities of life in the Middle East according to a 2006 EIU report*. The relaxing and rewarding life experience that Bahrain offers, makes it a major attraction for professionals from all over the world, who are drawn by year long sunshine, an abundance of entertainment, sports, leisure and recreational facilities along with a highly acclaimed education system.
HIDD PORT
BAHRAIN
Linked for success A Central Hub for Business Bahrain offers excellent transport connections by air, road and sea, making it easier and faster to do business. Its award winning International Airport, was one of the first in the region to develop a flow of international connections, operated carefully to ensure speedy transfers and less time being spent in customs. It is also conveniently linked to Saudi Arabia via the 25km King Fahad causeway, with a similar 40km route to Qatar planned by 2014. A-state-of-the-art sea port accommodates, facilitates and encourages international businesses to trade. The Kingdom of Bahrain has been the epicentre for shipping and trading in the Middle East. Over the years, exporters and importers of all sorts of commodities from Pearls to incense to cotton and, more recently oil have used Bahrain’s resources as a key trading base. The newly opened Khalifa Bin Salman Port has been built to accommodate more vessels, improve productivity and support this crucial industry with the latest innovative technology.
Foundations of Excellence Designed and constructed over a 247 hectare site, the Bahrain International Investment Park (BIIP), where BIO is located, is part of the Salman Industrial City. It attracts companies that specialise in manufacturing and internationally traded services by offering a tax free location with full duty-free access to the GCC. This exclusive business area, with its advanced facilities and special customs services, offers businesses an unsurpassed base with a direct connection to the heart of regional markets. High profile and well known local and international companies have already set up a base at BIIP as their regional headquarters or middle-eastern manufacturing arm.
INTRODUCING THE FUTURE OF INDUSTRY
A First-Class Facility As a subsidiary of Baytik Industrial Investments (BII), a company wholly owned by Kuwait Finance House – Bahrain (KFH – Bahrain), BIO has benefited from a bank of property development expertise. The first of its kind in the Kingdom, this cutting edge Industrial Park offers top of the range facilities in a secure, easily accessible and pleasant environment. Its pre-built advanced manufacturing units are specifically designed for companies engaged in high-technology manufacturing, light industry, services and knowledge based activities. With utilities such as electricity, communication and well designed roads, all of which conform to stringent, world-class quality standards, your company will be furnished with all the tools needed to set-up and expand its business successfully in this region. BIO helps ensure that future growth and prosperity for your business is within reach. Occupying 162,400 m² of land located within the BIIP area in the Salman Industrial City, the project is planned to be implemented in two phases. Phase 1 covers an area of 117,400 m² whereas Phase 2 covers 45,000 m².
Superb Connections BIO not only offers potential tenants a host of security, logistics and administrative facilities, it also provides unparalleled access to sea, air and road transport connections. It is located only 10 minutes by road from Bahrain’s International Airport and a few minutes from the existing Khalifa Bin Salman Port. Plus, there is direct motorway access to the Kingdom of Saudi Arabia, the region’s largest market, via the 25km King Fahad Causeway. BIO is considered one of the most important contributors to industrial development. International experiences have shown that specialized industrial zones such as BIO have played an important role in the development process, transfer and settlement of technology and have added more value to the industrial sector. BIO is also creating jobs that require specialised skills, providing an opportunity for young Bahraini’s to gain international experience by working within a professional, globally competitive atmosphere.
A Complete offering
BIO’s world class pre-built advance manufacturing units have been built with your business success in mind. Phase 1 of the Project comprises of Advance Manufacturing Units for leasing purposes. These will be in the form of six Units made up of pre-built industrial units, each of these consists of four Modules of equal size, for more flexibility. There is a choice of two units of differing size, each with the same layout. Type A units cover 2,115 m², while Type B units cover 2,391 m². A company can invest in a single or multiple units covering up to 9,600 m². Phase 1 also includes a dedicated logistics area to serve all the logistics requirements in the BIIP. In addition, a Knowledge Base Building will be constructed, an 8-storey building which has a total leasable area of 9,500 m².
All the services your company needs are already in place and ready to go: •
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Electricity – BIO will procure the construct sub-stations to service the Park. BIO will procure and install meters within the electrical room. BIO will supply electrical power (up to 233 kva) to the electrical room. The occupant will be responsible for all necessary wiring within the premises. If the occupant requires power in addition to 233 kva, the occupant will need to provide a generator and all additional wiring at his own cost. Water – BIO will procure and install a water tank on the mezzanine floor of the premises, which will service the premises through gravity. If the occupant requires any additional water supplies they will need to make their own arrangements. BIO is not responsible for the supply of drinking water to the premises.
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Sewage – The BIIP will contain its own sewage water treatment plant, BIO will procure and install its connection to the premises.
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Telecoms – BIO will procure and install telecom cables in the electrical room. The occupant will be responsible for all necessary wiring within the premises. If BIO enters into a direct agreement with any provider in respect of the supply of telephone and internet facilities to the park, the occupant may connect to such a network, provided that the occupant will bear the cost.
All units have been designed to the following specifications: 1.1 BIO will provide the premises to “shell and core”. 1.2 The occupant will benefit from office space on the ground and the mezzanine floor, office space is around 7% of the total area of each module. 1.3 The flooring in the premises will have a concrete finish. 1.4 The electrical room will be constructed on the ground floor. 1.5 The premises will include a loading and unloading bay which incorporates a ramp of approximately 15 metres in length, positioned approximately 22 metres from the boundary wall. 1.6 BIO will construct a ground slab with a thickness of 150 millimetres in depth that can carry a maximum load of 5KN/ sqm. If the ground slab needs to be of a greater depth to comply with any government or other regulatory authority standards or based on the occupant’s requirements in respect of the permitted use, the occupant will increase the depth at his own cost. The ground slab can be increased by up to 75mm on its top, together with another layer of BRC mesh and finished with power float and hardener to allow for a maximum load of up to 8 KN/sqm. 1.7 The car parking spaces will be marked and/or numbered to identify that it belongs to the premises. The car park space will be asphalted. 1.8 BIO will not provide the occupant with any air-conditioning facilities. If BIO enters into a direct agreement with a district air-conditioning provider, in respect of the supply of airconditioning facilities to the park, the occupant may connect to such a network and will bear the cost. 1.9 The premises will include a provision for installing a dock leveller with a depth of 1 metre. The occupant can either install a dock leveller in this space, or can fill in this space.
Superb Connections BIO not only offers potential tenants a host of facilities including those aimed at meeting their security, logistics and administrative needs its also provides unparalleled access to sea, air and road transport connections. sIt is located only 10 minutes by road from Bahrain’s International Airport and a few minutes from the existing Khalifa Bin Salman Port in Salman Industrial city. Plus, there is direct motorway access to the Kingdom of Saudi Arabia, the region’s largest market, via the 25km King Fahad Causeway. BIO is considered one of the most important contributors to industrial development. International experiences have shown that specialized industrial zones such as BIO have played an important role in the development process, transfer and settlement of technology and have added more value to the industrial sector. CALL US TODAY BIO is also creating jobs that require specialised skills, providing To learn more about how BIO can empower your business, an opportunity for young Bahraini’s to gain international experience contact our sales team on: by working within a professional, globally competitive atmosphere. (+973) 3708, email info@bio.bh or visit www.bio.bh will bear7700 the cost
A Complete Offering BIO’s world class pre-built advance manufacturing units have been built with your business success in mind. Phase 1 of the Project comprises of Advance Manufacturing Units for leasing purposes. These will be in the form of 6 Units made up of pre-built industrial units, each unit consist of 4 Modules of equal sizes, for more flexibility. There is a choice of two units of differing size, each with the same layout. Type A units cover 2,115 m², while Type B units cover 2,391 m². A company can invest in a single or multiple units covering up to 9,600 m². Phase 1 also include a dedicated logistics area to serve all the logistics requirements in the BIIP. In addition, a Knowledge Base Building will be constructed, an 8-storey building which has a total leasable area of 9,500 m².