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Title: Infracorp Signs Partnership with Mena Aerospace to Develop Aircraft Hangar Facilities in Bahrain
During its participation in the Bahrain International Airshow (BIAS) 2024, Infracorp, the leading infrastructure and international sustainable developer, announced the signing of a new partnership agreement with Mena Aerospace to develop dedicated aircraft hangar facilities in the Kingdom of Bahrain, serving as a foundation to establish a regional platform for advanced aircraft services in the GCC region.This partnership signifies a strategic step aligned with Infracorp’s goal and strategy to expand its investment portfolio across various sectors, reflecting its ambitions for further developing sustainable ventures and enhancing the Kingdom’s capabilities in the aviation sector. The agreement is expected to contribute to the establishment of advanced facilities for large and private aircraft, thus strengthening Bahrain’s position as a leading regional destination in this sector.On this occasion, Mr. Majed Al Khan, Board Member and CEO of Infracorp, stated: “Our partnership with Mena Aerospace is a key part of our vision to broaden our investments across several sectors, but particularly in aviation, which is witnessing significant growth and holds a key position in the government’s plans to diversify sources of income. We are committed to advancing high-quality infrastructure that meets market needs, and we trust these projects will have a positive impact on the local economy and attract more foreign investment to the sector.”He added: “We see this partnership as an opportunity to expand our business horizons and enhance our collaboration with a range of partners in the Kingdom of Bahrain and the region. Developing world-class dedicated aircraft facilities in the Kingdom is a vital step towards achieving our strategic objectives, solidifying Bahrain’s role as a reg...
This press release is issued by King Newswire