CONSTRUCTION is underway on what is to become Bahrain's tallest building, the twin towers of the Bahrain World Trade Centre (BWTC), scheduled for completion in 2006.
The building, on the Bahrain Commercial Complex (BCC) site and adjacent to the Sheraton Hotel in the heart of Manama, will house office and retail space.
It will be affiliated to the World Trade Centre Association (WTCA), which is a non-profit, non-political organisation, which fosters international trade and provides services to international investors.
The design comprises twin 50-storey towers, each of which is over 240 metres high.
The total area is around 120,961 metres square. In total, the development will incorporate 1,700 car parking spaces, providing a high ratio of spaces for both office tenants, visitors and shoppers.
DTZ Bahrain, which has been appointed marketing and leasing agents, will be offering the property's retail space to top-end retailers in order to maintain its exclusivity.
It will include 248 units ranging from 22 to 196 square metres, including a high quality dining area. Office spaces will be available on floors six to 39 with areas ranging from 294 to 1,142 sqm
A model of the development was unveiled to the Press at the BCC yesterday.
DTZ general manager Robin Williamson said that the building would enhance Bahrain's position as a commercial hub for trade in the Middle East.
A representative of the World Trade Centre management will be visiting Bahrain this month to meet the owners of the building and discuss details of the operation and the services offered by the organisation.
The centre's management said that it plans to unveil a strong plan of action aimed at ensuring that local businesses obtain the maximum benefit from its activities.
The centre adds to the 148 units existing at the City Gardens mall.
The Sheraton Hotel, which will form a component of the BWTC, will undergo an extensive facelift to provide catering and conference facilities along with leisure and fine dining outlets.
Almoayyed Tower, at Seef, is currently the tallest building in Bahrain at 173 metres, or 47 storeys.