The biggest Ikea store in the Gulf region will open in Bahrain in the second quarter of 2018, it was revealed today at the ground-breaking ceremony of the project.
The store, located in Salmabad, will have a total retail area of 37,000 sq m and an investment of BD47 million ($124.76 million). It will provide more than 600 jobs, said Saud Ghassan Al Sulaiman, the chief executive officer of Ikea Saudi Arabia and Bahrain. The store is being opened in partnership with Saudi Arabia’s Ghassan Ahmed Al Sulaiman Furniture Trading Company, Ikea Saudi Arabia. The ground-breaking ceremony was attended by Shaikh Khalid bin Abdulla Al Khalifa, Bahrain’s Deputy Prime Minister, several ministers and dignitaries.
The construction work is already under way and the main contractor for the project is G P Zachariades. “Since the start of the partnership between Ikea and Ghassan Ahmed Al Sulaiman Furniture Trading Company in 1983, we have strived to expand and grow this innovative brand into high potential markets. Bahrain has always been an attractive destination for investors and retailers due to its vibrant economy and favourable business environment,” said Al Sulaiman.
