A new BD800 million ($2123.5 million) development will soon be built between two causeways in Manama.

The Manama Municipal Council yesterday gave Bahrain Lagoon a conditional go-ahead.

The project, to be carried out by Retaj, will be developed on land that are privately owned as well as belonging to the General Organisation for Social Insurance (Gosi).

It will be built between the Shaikh Isa and Shaikh Hamad causeways, featuring two five-star hotels, residential and office apartment buildings, a public park, an open market and a food court.

'Retaj has agreed to our terms and conditions to have the seafront and roads open to the public,' said council technical committee chairman Hameed Al Basri.

'It will also build a public park on a Manama Municipality land within the project's area.

'The project will not be open for business until environmental and technical aspects are fulfilled and other authorities concerned approve it.'-TradeArabia News Service