$65m housing project launched in Bahrain
Manama, December 12, 2011
A BD24.4 million ($64.75 million) project that will provide about 5,000 homes to accommodate 25,000 people was launched yesterday (December 11) in Bahrain.
Housing Minister Basem Al Hamer signed an agreement with Great Lakes Dredge and Dock Corporation chief executive Jonathan Berger and Nass Constructions chief executive Ghazi Abdulla Nass to begin the first phase of land reclamation for the East Hidd Housing Project.
It covers 227 hectares and includes commercial areas, mosques and parks.
Al Hamer said the project was part of a strategy to build modern cities, including the Northern and East Sitra ones.
Al Hamer said the signing of the agreement represented a great step towards finding effective solutions for housing issues.
The ministry is focusing on the project to clear the waitlist of applicants, especially in the Muharraq Governorate.
Work on the project is expected to start soon. – TradeArabia News Service