Naseej real estate strategy boosts Bahrain’s economy by launching a new three-year development plan focused on growth, innovation, and sustainability. The announcement came during its Ordinary and Extraordinary General Assembly.
The meeting revealed Naseej’s 2025–2027 strategy, which aims to expand income-generating investments and diversify the company’s real estate portfolio. These efforts align with Bahrain’s sustainable development goals and reflect the government’s wider economic vision.
The company plans to increase its role in building modern, livable communities. Its strategy includes strengthening its position in residential, hospitality, healthcare, tourism, and education sectors. These steps directly support the national economy and promote long-term economic resilience.
Naseej continues to lead large-scale public-private partnerships. A recent memorandum with the Ministry of Housing and CMEC outlines a project to build 3,000 housing units in Khalifa City. This development is part of the Government Land Development Rights Program, one of the Kingdom’s largest initiatives of its kind.
The company’s past projects include more than 2,600 housing units in Salman City and the Al-Lawzi area. With a total cost of BD 170 million, these projects have set new standards for real estate partnerships in Bahrain. They also demonstrate Naseej’s commitment to delivering high-quality urban infrastructure.
The project offers affordable housing solutions and fully completed infrastructure, including roads, lighting, and utilities. Sales have remained strong due to its strategic location and waterfront views.
Naseej plans to introduce Bahrain’s first smart villa for affordable housing by the end of 2025. This move highlights its commitment to innovation and modern living.
Naseej real estate strategy boosts Bahrain’s economy by driving development and enhancing infrastructure nationwide. These initiatives mark a new chapter for both the company and Bahrain’s real estate landscape.
Overall, Naseej real estate strategy boosts Bahrain’s economy through continuous investment and partnership with national programs to meet housing needs and boost growth.
