First Bahrain appoints Baker Wilkins and Smith as cost consultants for Phase II of Majaal
First Bahrain, an innovative regional real estate developer, announced the reappointment of Baker Wilkins and Smith (BWS) Middle East to provide cost management services for the second phase of its flagship warehousing and logistics project, Majaal. The signing follows First Bahrain’s significant progress in the leasing of Phase I of Bahrain’s first small to medium enterprises (SME) focused industrial development.
The move to reappoint BWS Middle East comes as part of First Bahrain’s proactive approach to cost management and quality control, measures that have resulted in the company maintaining its strong financial position despite the global economic downturn. As cost consultants for Majaal Phase II, BWS Middle East will provide cost management services including preliminary cost advice, life cycle costing, ‘value for money’ advice on designs and construction approaches through strict cost control and cost planning.
Amin Al Arrayed, General Manager of First Bahrain and Managing Director of Majaal Warehousing Co. commented, “First Bahrain and BWS Middle East share a strong and long-standing relationship. They have consistently provided high standards of cost management services and we appreciate the value they have brought to the success of Majaal’s Phase I. Since its commencement, Majaal has made qualitative and quantitative strides in both its business and size and has positioned itself as a leading logistics provider for the Kingdom’s industrial SME sector. As we move into Phase II we will continue to build on our strong business model which takes us one more step closer to being the leading provider of value added logistics solutions in the region”.
BWS Middle East, the Bahrain branch of the BWS Group from the United Kingdom, has been operating in the Gulf region for over 30 years providing cost and project management services and advice on planning and control of expenditure within the construction industry.
According to Peter Makepeace, General Manager of BWS Middle East, “Baker Wilkins & Smith Middle East is focused to deliver results for our clients. We are delighted to be retained as cost consultants for the second phase of Majaal. As one of the key projects of its kind in Bahrain, we see this as a core opportunity for BWS to harness its expertise in this sector. Since our establishment in Bahrain in 1972, we have provided professional quantity surveying, cost consultancy and project management services to our many clients throughout the Gulf region”.
Opened in 2009 at the Bahrain Investment Wharf (BIW) within the Salman Industrial City, First Bahrain’s Majaal warehouse development presently offers 130,000 square feet of secure, flexible and cost effective industrial work space. Space is available for lease from as little as 2,700 square feet to multiples of 10,700 square feet. Majaal’s Phase II will more than double the leasable space on offer, increasing the size of the development to over 280,000 square feet of built up area. The new facilities will offer higher ceilings for increased storage capacity and raised flooring for easy on and off load of large trucks.
The unique facility represents the ongoing realization of the vision of First Bahrain; to invest in projects that are demand-driven; to focus on proven markets; and to offer comprehensive solutions to both locally-based businesses and foreign investors looking to setting up operations in business-friendly Bahrain.
Established on October 5, 2004 in Kuwait as Baraq Al Khaleej Holding Company with a paid up capital of USD 3.5 million, the corporate name was changed to First Bahrain Real Estate Development Company in October 2004 with and an cash injection increased paid up share capital to USD 106 million (KD 30 million) in April 2005.
Baker Wilkins & Smith
Baker Wilkins & Smith is an international firm of construction consultants, our main core services being quantity surveying and project management.
We were established in London in 1955 based on the original founders’ combined interest in international projects, mainly in Saudi Arabia. This soon spread to the whole Gulf region, Africa and the Far East. Whilst maintaining a strong presence in the UK with two other offices soon established, there was always a great emphasis on international markets. We opened our first Middle East office in Bahrain in 1972 and since then have expanded into Qatar, the United Arab Emirates and Oman with a strong association in the Lebanon. We have also worked throughout mainland Europe and have registered offices in Portugal and Switzerland.