Baytik Industrial Oasis (BIO), the modular industrial leasing complex at Bahrain International Investment Park (BIIP), have welcomed Tactile Roofing WLL to the tenant portfolio.
The company will lease 4,783 square-metres for their new venture in the Kingdom involving the production of stone coated metal roofing tiles that will be exported around the GCC and to Africa.
The new agreement marks a milestone for Baytik Industrial Oasis, which is now near full occupancy with limited space remaining.
Benefits to businesses leasing space at the serviced industrial park include access to high quality manufacturing space, low upfront investment costs, and close proximity to the Khalifa bin Salman Port and Bahrain International Airport.
Baytik Industrial Oasis, a wholly owned subsidiary of one of the region’s largest banks, Kuwait Finance House – Bahrain (KFH-B) provides 54,072 square metres of industrial space and is housed in BIIP which is positioned as a location for investment in Bahrain, offering a tax free location with full duty free access to GCC markets.
The agreement was signed between BIO Chairman, Osama A. Al Khajah and Ankit Sanghrajka, Director of Tactile Roofing WLL in the presence of Riaz Mohamed, KFH-B Portfolio Manager for BIO and Heather Longden, Associate Director, CBRE as well as Kim Kyung Il from Tactile Roofing WLL.