
In a major step to enhance the car park services at Bahrain International Airport (BIA), Bahrain Airport Company (BAC) and Bahrain Real Estate Investment Company (Edamah) announced today the signing of a Memorandum of Understanding whereby Edamah will be responsible for developing, managing and operating the Car Parking facilities at BIA.

The project will focus initially on expanding Car Park (A) of the airport building, allowing for more than double the existing capacity by adding another level of shaded parking, with the least disruption to passengers. The agreement provides for further expansion of car parking at the airport in the future, in accordance with the needs and demands of the airport.
Gordon Dewar, Bahrain Airport Company CEO commented "At BAC, we are committed to the convenience of passengers and visitors to Bahrain International Airport as we provide better accessibility to premium parking spaces and increases our readiness for the future growth of passengers over the coming years".
"This major development will use a new model to draw additional funds through revenue sharing which will increase capital and make use of innovative partnerships within companies working under the Bahrain Mumtalakat Holding Company's umbrella," he added.
Ahmed Janahi, Acting CEO of Edamah said: "Bahrain International Airport is a major strategic asset for the Kingdom, where Edamah's contributions aim to develop the airport car park facilities in line with global best practices.
"Our company remains committed to utilize our resources and expertise not only to fund and develop the project, but also to ensure we support our partners in achieving their targets and creating the optimal solution for the airport's current and future car park requirements"
BAC aims to lay the foundations for change whilst taking forward active steps for multiple phased enhancements of BIA, as well as exploring and pursuing new ways to deliver improved services.
The memorandum of understanding allows Edamah to develop a full BOOT solution that will encompass the design, construction, financing, asset management and operation of the car park. Edamah is expected to issue tenders for the project in the coming months through the Bahrain Tender Board.
About Bahrain Airport Company (BAC)

About Edamah
Edamah was established in 2005 as a real estate investment arm of the Bahrain Mumtalakat Holding Company with an extensive portfolio in Bahrain. It is principally involved in leasing out property under operating leases and is also involved in the development and management of properties.About Mumtalakat

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