Bahrain is planning to build a new state-of-the-art international airport in Muharraq.
The ambitious scheme was unveiled on 29 September marking His Majesty King Hamad's landmark visit to Arad.
Feasibility studies on the planned development have already started,' Finance Minister and Mumtalakat Chairman Sheikh Ahmed bin Mohammed Al Khalifa said.
The new milestone, he explained, will integrate the latest standards characterizing international airports to serve as a facade epitomizing the new Bahrain and consolidate its long-standing reputation as a transit hub for transport and trade.
Bahrain International Airport and the seaports sector are to undergo a major revamp.
'The aim is to ensure world-standard quality services and bolster the economic and social development march in Bahrain.' Sheikh Ahmed said.
Bahrain Airport Company will be in charge of upgrading the airport infrastructure and other integrated facilities.  The firm will also embark on a campaign to attract leading regional and international companies in all fields.
Shaikh Ahmed highlighted the valued-added one-square-kilometer Bahrain Logistics Zone (BLZ). 'Located 3km away from the Khalifa Bin Salman Port, the BLZ is the region's first boutique logistics area offering a high-quality environment to companies that meet its tenancy requirements,' he said. He described the zone establishing Bahrain as a logistics hub for the Northern Gulf.
He also stressed the importance of the Khalifa Bin Salman Port and its adjacent service area, boasting offices, restaurants, retail facilities, warehouses and a petrol station, in addition to a multi-storey parking for cars intended to be re-exported. 'Work on new 1,380-metre-long jetty is expected to be completed later this year to boost the capacity of Asry even further,' Sheikh Ahmed added.