“Glue of the Rotag” expected a memorandum of understanding with the Chinese company “CMEC” for real estate development

Al -Ruq Al -Rutj Real Estate Services Company, the leading company specialized in real estate development, has signed a memorandum of understanding with the Chinese company (CMEC).

This partnership comes with the aim of expanding the scope of cooperation between the two sides, exploring new investment opportunities by consolidating relations, seizing the leading Chinese experiences in the field of engineering and construction, and discussing ways and areas of cooperation between the two companies in the fields of infrastructure and the development of housing units.

The signing ceremony was held in the presence of: Youssef Bogiri, CEO of Baraq Al -Rutj Company, and Puangu, Chairman of the Board of Directors of CMEC.

Commenting on this agreement, Youssef Bojiri, CEO of Barah Al -Rataj, said: “It is our pleasure to cooperate with one of the most leading international companies in engineering and construction, to take advantage of the extensive and valuable Chinese experiences in this field.

We hope that this partnership will contribute to creating promising opportunities to launch new and varied projects that serve various sectors, such as industrial, entertainment, energy, and others. We trust that this cooperation will open a broader horizon before us, add to our promising record of distinguished projects, and contribute to strengthening our position at the level of the local and regional real estate sector.

For his part, CMEC, the chairman of the Board of CMEC, expressed his happiness with this partnership, which is hoped to bear fruit for a wide -ranging urban renaissance not only at the level of the Kingdom of Bahrain, but also in various parts of the Gulf Cooperation Council countries, which is in favor of strengthening strategic relations between these countries and the People’s Republic of China, especially with regard to the establishment of real estate development projects that meet the needs of each market on an extent.

The luster of the Retaj intends to continue holding partnerships with many companies and the leading bodies concerned with real estate, engineering and construction, which is in line with its commitment to developing modern projects that are very innovative, which leads to enhancing its location in the development and leadership interface for the real estate sector in the Kingdom.