Sunday, December 16, 2018
Directory Directory Subscribe
Login
 

Bahrain's waterfront project on track for 2019 launch

 
 

Please, enter data

Please, enter data

TradeArabia News Service, 12 September 2018

Work is in full swing at Sa’ada, a premium waterfront project being developed by Bahrain Real Estate Investment Company (Edamah) in the Muharraq area of the kingdom, at an investment of BD45 million ($119 million).

With the Phase One work fully completed in July, the project is on schedule for completion by the fourth quarter of 2019, said a statement from the Ministry of Works, Municipalities Affairs and Urban Planning.

Phase one of the Sa’ada project will provide a dynamic, fully-accessible public waterfront with shaded terraces and parking, it stated.

"There will be seven buildings for lease with a mix of food and beverage, kiosks, a multi-story carpark and other supporting facilities including a chandlery to support the marina berths which are now in place," remarked Essam bin Abdulla Khalaf, Minister of Works, Municipalities Affairs and Urban Planning, after visiting the Sa’ada project site.

The minister was accompanied by senior Edamah officials including Chairman Khalid Al Rumaihi and CEO Amin Al Arayedh besides Ahmed Jalal of Mohammed Jalal Contracting Company, the project’s main contractor and Engineer Asma Murad, the assistance undersecretary for Sanitary Engineering at the ministry.
 
The early construction works including site reclamation and the setting up of the quay wall got completed in February. This came after the appointment of Gulf Engineering Company as the main consultant for the project and the appointment of AECOM as a consultant for the project infrastructure, said Khalaf.
 
The infrastructure works will start this month following the land preparation and the building of the foundations – which were initiated last month, he added.
 
Lauding the ministry for its support, Al Arrayedh said: "Projects like these are an important addition to Edamah's portfolio and a reflection of the government’s commitment to encouraging tourism developments that serve locals and tourists."

"Work is well underway and we expect to finish by the last quarter of 2019," he added.

TradeArabia News Service
12/09/2018

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Saudi Arabia ‘set for improved deficit in 2018’
TradeArabia News Service, 2 November 2018

Saudi Arabia’s deficit of SR49 billion ($13 billion) during the first nine months of 2018 was less than the financing of SR52 billion obtained in the first ...

Read full story
Saudi Arabia ‘set for improved deficit in 2018’
Turkish foreign minister hails ties with Qatar
Andalou Agency, 2 November 2018

Turkey's foreign minister on Thursday hailed the state of bilateral relations with Qatar.

Speaking at a meeting with Qatari Deputy Prime ...

Read full story
Turkish foreign minister hails ties with Qatar
Egypt reaches deal with IMF on $2 billion loan payment
The Daily Star, 2 November 2018

Egypt has reached an agreement with the International Monetary Fund on the release of the next $2 billion loan installment, the fifth under the country’s ...

Read full story
Egypt reaches deal with IMF on $2 billion loan payment
South Korea wins $500m deal for electricity in Iraq
Iraq Business News, 1 November 2018

South Korea’s STX Marine Service has reportedly won a contract to restore and operate diesel-fueled electric power plants in Iraq.

According ...

Read full story
South Korea wins $500m deal for electricity in Iraq
Back to Home Page 2305 --- 0 <><><> 536.16666666667.....exvideo=0....eximage=0
P 0
BR 19

 
Sustainable Digital Ecosystem Summit
22 - January 2019
GCC US Economic Forum
22 - January 2019
MOI Innovation & Foresight Summit 2019
5 - February 2019
2nd Lighting Tech Abu Dhabi Summit
25 - March 2019
Future Drainage & Stormwater Networks Abu Dhabi 2019
25 - March 2019
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Sustainable Digital Ecosystem Summit - 22 January - 24 January 2019  
  Project Qatar - 29 April - 1 May 2019  
  Heavy Max - 29 April - 1 May 2019  
  Qatar Stone Tech - 29 April - 1 May 2019  
  Beirut Boat - 30 April - 4 May 2019  
  Project Lebanon - 18 June - 21 June 2019  
  Energy Lebanon - 18 June - 21 June 2019  
  Hospitality Qatar - 12 November - 14 November 2019  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Sustainable Digital Ecosystem Summit
Qatar
Heavy Max
Hospitality Qatar
Project Qatar
Qatar Stone Tech
Iraq
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved