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Officials at the signing ceremony in Manama.

Bahrain developer awards key marine works contract

MANAMA, November 30, 2016

Bahrain Marina Development Company, a wholly-owned subsidiary of the Social Insurance Organization (SIO), has awarded Al Hassanain Contracting Company the contract to execute and complete the marine works for the “Bahrain Marina” project.

A mixed-use development, Bahrain Marina will include a five-star luxury hotel with serviced apartments along with freehold apartments and waterfront villas, shopping district, fully-integrated family entertainment and educational centre and a recreational waterfront space with F&B (food and beverages) and retail spaces.

The yacht club will cover an impressive area with a world-class marina capable of berthing a vast number of boats and yachts of different sizes.

Aiming for completion by 2020, the planned development stretches along a pristine coastline in Manama comprising state-of-the-art residential, entertainment, leisure and marina facilities, said Abdulrahman Yusuf Bin Yusuf Fakhro, the chairman of Bahrain Marina, after signing the deal with Jassim Hussain Ali, the general manager of Al Hassanain Contracting Company.

As per the deal, Al Hassanain Contracting Company will undertake all the enabling and marine-related works, including dredging, land reclamation, earthworks, shore protection, quay walls and culvert crossings.

“Dubbed as an iconic world-class facility, Bahrain Marina will be positioned as the kingdom’s prime lifestyle and leisure destination and a main tourism attraction with an aim of supporting the growth of the tourism sector. The project will also complement the growth of the retail sector in Bahrain,” remarked Yusuf Fakhro.

“We are pleased with the progress made so far on the Bahrain Marina project, further reiterating our commitment in developing a world-class facility. We are also pleased to appoint the most experienced marine company to drive forward the next phase of the ambitious project,” he added.

Bahrain Marina CEO Yazan Haddad said: "Our vision behind the Bahrain Marina project is to create a remarkable mixed-use development in the heart of the capital Manama that can attract local and foreign investments. We are committed in developing a waterfront destination that is modern and advanced and in accordance to the highest international standards."

"Through this modern development, we aim to create a national landmark that will support overall economy of the kingdom and create job opportunities for Bahrain," noted Haddad.

Al Hassanain Contracting Company, a Bahrain-based company specialising in marine works and construction, was selected for its wealth of experience and renowned profile of projects in the Bahrain, said Hussain Ali.

"We are pleased to have been awarded this prestigious contract. Bahrain Marina is an iconic project and we are proud to be selected as the company that will deliver the marine works for this development," he added .-TradeArabia News Service




Tags: contract | Bahrain marina | marine works |

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