Home Construction Bahrain has an awarded contract for Hamad Traditional Market

Bahrain has an awarded contract for Hamad Traditional Market

Bahrain’s Ministry of Works, Municipalities Affairs and Urban Planning has awarded The Mall Real Estate Development the agreement to invest and construct the Hamad Traditional Market project in Bahrain.

The market will be situated on a ministry-owned plot of land size 12,303.8 metres in Block 1212 on Shaikh Hamad Avenue. Value of the signed contract is BHD 3,100,000.

according to the tender notification, the successful contractor shall invest through the terms of the contract and at its own expense for the preparation of maps and engineering drawings and issuance of licenses and permits necessary in the investment of the project to develop a pioneer Traditional Market.

Ministry will be leasing the land for a duration of 35 years

Municipalities Affairs in return will obtain during the contract period an amount of per annum profit for the site of the project.



Please enter your comment!
Please enter your name here

Most Popular

SNOC begins gas production at Mahani field in Sharjah

Sharjah National Oil Corporation (SNOC) and its partner Italian oil major Eni have pulished the start-up of Mahani-1 gas well, marking the...

India’s Sterling and Wilson wins Acwa’s Egypt solar project

Saudi-based Acwa Power said it has reached an agreement with Sterling and Wilson Solar, a unit of leading Indian construction group Shapoorji...

Al Dahra signs strategic water security agreement with Israel’s Watergen

Abu Dhabi-based Al Dahra Holding Company has signed a strategic partnership agreement with Israeli company, Watergen to create a renewable source of...

ADNOC multi-billion dollar subsea transmission project

The Four groups have submitted binding commercial offers for the planned high-voltage sub-sea transmission project to connect Abu Dhabi National Oil Company’s...