Saturday 23 January 2021

Diyar Al Muharraq projects on track despite Covid setbacks

MANAMA, December 2, 2020

Diyar Al Muharraq, one of the largest real estate development companies in Bahrain, has confirmed that all its construction activities were going as per schedule on its projects - Al Naseem, Al Bareh, Thai Mart, Souq Al Baraha, Jeewan and Hadiqat Al Diyar - despite the Covid-19 pandemic due to its 'innovative and flexible' approach to maintain operational sustainability across the development. 
This was announced during an exclusive media briefing event and field tour of the Diyar Al Muharraq project held today (December 2). 
The latest developments in the masterplan’s advancement of Diyar Al Muharraq were revealed during the briefing session held for select members of the press as well as social media influencers following strict Covid protocol.
Receiving the guests at the Diyar Al Muharraq sales office, CEO Engineer Ahmed Ali Al Ammadi, unveiled the latest developments in the masterplan, followed by a field visit to the most prominent projects of Diyar Al Muharraq to showcase the ongoing work and status progress.
The media tour included a stop at the Jeewan residential project where the Phase One work has been fully completed and villas in this phase are being handed over since beginning of November.
The Phase Two is nearly 98% complete and handovers are ongoing, while work on the Phase Three currently stands at 69% completion. 
Lauding the project progress, Al Ammadi said it aimed to complete all the work by May next year.
The next stop of the field tour was at "Souq Al Baraha" project, a commercial outlet with ready-to-rent units designed to combine traditional architectural elements with modern facilities.
On completion, it is set to become one of the key markets within the Kingdom dedicated to popular traditional products. 
The tour additionally revealed the fully-completed "Hadiqat Al Diyar", an outdoor park and recreational area, scheduled to open very soon. The 32,800 sq m garden attraction will offer a number of facilities to cater to all age groups, including outdoor areas for sports and entertainment, and over 200 parking spaces.
Diyar Al Muharraq is currently overseeing the completion of the "Al Bareh" residential project, which offers a variety of freehold residential plots and luxury villas for sale. 
Handover of Phase 1 of the “Al Bareh” project has started, while the second phase is set to be launched in 2021. 
The company is also making significant progress on the "Al Naseem" project, a distinguished residential community located on an area of 328,000 sq m, with stunning waterfront and city waterway views. 
Diyar Al Muharraq has also added a new retail outlet to its portfolio, with Thai Mart center, the first Thai-inspired shopping destination in the region, covering an area of 6,000 sq m and offering a wide range of popular products exclusively imported from Thailand.
Al Ammadi said remarkable progress has been made on the key projects - Al Naseem, Al Bareh, Thai Mart, Souq Al Baraha, Jeewan and the Hadiqat Al Diyar - despite the impacts of the global pandemic on various practices and sectors. 
He pointed out that 2020 had been a challenging year across the globe, but Diyar Al Muharraq too made every effort to overcome the difficulties incurred by the Covid-19 pandemic through utilizing our significant talent pool and resources to ensure business continuity and the completion of our master planned projects in a timely manner. 
"Given the conditions this year, we are proud to say that we have not fallen far behind on our construction schedule, and are pleased with the pace of our current project development as it stands," stated the top official. 
"As we gradually return to normalcy, we remain even more committed to completing our projects and look forward to a journey of growth and success with many more accomplishments in the future," he added.-TradeArabia News Service


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