GSCCO hosts Jubail Value Proposition event

The event drew the participation of more than 100 government stakeholders and maritime industry professionals.
Updated 23 January 2018
0

GSCCO hosts Jubail Value Proposition event

Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, recently hosted a Jubail Value Proposition event to identify new business opportunities and examine the investment outlook in the rising import and export destination.
Held at the InterContinental Al-Jubail on Jan. 15, the event drew the participation of more than 100 government stakeholders and maritime industry professionals including representatives of major exporters and importers, logistics companies, transporters and shipping lines from across Saudi Arabia. Among the high-profile attendees were Ali Nasser Al-Khater, deputy director general of Jubail Commercial Port (JCP), Abdul Aziz Al-Rayees, representative of Saudi Ports Authority (SEAPA), Omar Mosaid Al-Subaiee, captain at Jubail Coast Guard, and Nasser Al-Dossary, deputy director general of Jubail Customs.
The one-day flagship event featured a series of interactive presentations and discussions that highlighted the value proposition that JCP presents to industrial and commercial entities in the region. Saleem Kadernani, group commercial manager at Gulftainer, delivered a presentation on Jubail’s capabilities and the benefits the port can offer to shipping lines, exporters and importers. Other distinguished speakers included Mohammed Abdul Aziz bin Battal, director of MEA Solids Supply Chain at SABIC, and Ahmed Hassan Gomaa, logistics and customs coordinator at Técnicas Reunidas.
Ranked the Middle East’s fastest-growing port in 2017, JCP serves as an ideal hub not only for industrial exports but also for imports to the dynamic markets of Saudi Arabia’s eastern and central provinces. It is currently a port of call for almost all global shipping lines with direct weekly services and has one of the fastest customs clearance processes in the country.
In his keynote address, Iain Rawlinson, group commercial director of Gulftainer, said: “The Jubail Value Proposition event aligns with our vision of developing world-class port infrastructure that is critical for economic development and trade activity in the region. The Saudi government’s concerted efforts to diversify the economy and its commitment to innovation have catalyzed growth in the country’s ports and logistics sectors. I hope that today’s discussions provide you with innovative insights that encourage new ways of doing business in Jubail so that we can leverage the city’s unique status as a logistical gateway and prominent trade hub for the region.”
Richard James, managing director of GSCCO, said: “Jubail’s strategic geographic location has enabled it to evolve into a pivotal gateway for international trade and industrial activity, enhancing Saudi Arabia’s economic and trade potential. The city is home to our flagship facilities, including the Jubail Container Terminal (JCT), that contribute significantly to the region’s economic activity.”


Golden Gate Developers unveils newest project

Golden Gate will be developed over 140,000 square meters providing views of the waterfront and iconic Bahraini landmarks.
Updated 13 November 2018
0

Golden Gate Developers unveils newest project

Golden Gate Developers launched their residential development project Golden Gate on Saturday at the Four Seasons Hotel in Bahrain Bay. The project is a result of a joint venture between Bahraini-based company Kooheji Golden Gate and Indian real estate companies Ajmera Realty and Mayfair Housing.

The launch event was open to the public, who had an exclusive first look at the property in its entirety. Guests were also treated to a 360-degree virtual reality tour, where they were able to walk through the property and have a virtual experience of living in their homes. 

Chairman of Kooheji Golden Gate Ishaq Al-Kooheji said: “The innovation and creativity that we have shown will only propel Bahrain into the spotlight, making the Kingdom an exemplar of excellence in the real estate industry.”

Manoj Ajmera, managing director of Ajmera Realty, said: “We are thrilled with the way the launch has taken off and are expecting only bigger and greater successes for the Golden Gate project and our growing relationship with the Kingdom of Bahrain.”

Real estate firms Ajmera Realty and Mayfair Housing have delivered a number of commercial and residential spaces in India.

This partnership aims at fostering a long-lasting relationship between these two nations and attracting more foreign investment into the country. 

The property will be situated in the heart of Bahrain Bay, one of the most desirable locations for residential and commercial developments in the country where amenities and transport links are easily accessible for residents to enjoy. Golden Gate will be developed over 140,000 square meters providing views of the waterfront and iconic Bahraini landmarks.

The project will feature a “modernistic interpretation of traditional architecture” and aims to become the tallest residential towers in the country, consisting of two towers with 45 and 53 stories and a total of 746 luxurious apartments, starting at 45,000 Bahraini Dinar ($119,380). The development fuses both Bahraini and Indian cultures, paying homage to their rich cultural backgrounds. 

Nayan Shah, chairman of Mayfair Housing, said: “Bahrain was a great choice for our first international venture as Golden Gate Developers, and Bahrain Bay was the best place to begin our journey. We are impressed with the country’s business-friendly mentality and strong work ethic, which enabled us to create possibilities such as the Golden Gate project, which we hope to make a prestigious landmark.”