TDT | Manama
Daily Tribune – www.newsofbahrain.com
Bahrain is embarking on an initiative to expand agricultural land with the aim of strengthening the kingdom’s food security while ensuring efficient water use.
To support this effort, Bahrain is committed to investing in cutting-edge renewable energy technologies.
The Ministry of Local Government and Agriculture emphasizes that this strategic measure is directed towards determining the sustainability and feasibility of growing high-value crops.
In line with this development, the Ministry has launched a tender to attract investors interested in acquiring land parcels in the Buri region.
These lots vary in size, one being 11,916.8 sq m and another 7,439.8 sq m.
Each of these parcels is attracting significant interest from potential investors.
Among the bidders, Safa Poultry Farm submitted a bid of BHD 72,820.550 for plot number 88000518 and Mashtar Sangwan quoted BHD 0.342 for plot number 88000517 in Buri area.
Sangwan’s bid is currently under review by authorities.
The ministry envisions that this measure will increase the Kingdom’s agricultural self-sufficiency, increase the economic viability of the sector, develop the country’s capacity in the food industry, and increase the share of locally produced crops.
In a similar development, a plot of agricultural land offered by Bahrain Real Estate Investments (Edama) to invest in Hamara attracted three bids.
The lot attracted three bids, according to the bidding committee. 83,046.798 baht dinar from Reyhan Agricultural Development Co., Ltd., 6,050.000 baht dinar from Meat and Spices Co., Ltd., and 103,080.000 baht dinar from Dyna Contract Co., Ltd.