A government-run platform for leasing public land has drawn 10 investment agreements across housing, education, and services, as the Finance Ministry looks to bring in more private sector backing. The Government Land Investment Platform,
TDT | Manama
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A government-run platform for leasing public land has drawn 10 investment agreements across housing, education, and services, as the Finance Ministry looks to bring in more private sector backing.
The Government Land Investment Platform, introduced in April 2022, offers investors a single point of access to details on available sites, allowing them to submit proposals through an online system.
The move is part of a push to speed up land development and improve transparency in the process.
The Finance Ministry set out its approach in a written response to Parliament after MP Mohammed Al Rifai asked about the steps being taken to attract investment in state-owned land.
The ministry said it had put policies in place to encourage private backing, ensuring projects are run efficiently in terms of cost, quality, and timing
