Major Road Project Pre-qualification Commences
Pre-qualification of companies who have bidded on the tender for the major road projects of the North Manama Causeway Phase-2 and Busaiteen Link Project have begun. The projects will be funded by the Saudi Fund for Development. For more information on the tender you can find it here.
$4 billion of active projects by the GCC Development Fund
Bahrain’s non-oil sector has grown to 3.6% in the second quarter, compared to 2.7% in the first quarter of 2016. Seemingly due to large growth in infrastructure projects such as those by the GCC Development Fund. To read more click here.
World Bank raises Bahrain’s ‘doing business’ ranking
In the annual ‘Doing Business’ report published by the World Bank, Bahrain has moved up in various rankings such as the 2nd most favourable place in the Middle East as it has been made easier to start a business, get credit information and trade across borders as just a few reasons. To read more click here.
New $16m plant to be constructed
Armacell, the global leader in foam manufacturing is planning to be a new manufacturing plant in Bahrain’s International Investment Park (BIIP). To read more click here.
5 Major Real Estate Development Projects
Bahrain Real Estate Investment (Edamah) the real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), showcased it’s 5 largest development projects recently which they said will positively impact the commercial and tourism sectors, and contribute to the development of the Bahraini economy, not to mention the creation of an estimated 2,000 job opportunites. To read more […]
Bahrain hosts the 3rd third Bottom of the Barrel Technology Conference
The exhibition will be held in Bahrain for the first time, taking place on October 26 & 27 under the patronage of HRH Shaikh Mohammed bin Khalifa bin Ahmed Al Khalifa, Bahrain’s Minister of Oil. To read more click here.
Bahrain Transport Restructure Project – French firm bids low
French owned, Egis Group International, has bid the lowest amount out of the 5 bids received so far for the tender of providing consultancy services to improve Bahrain’s transport infrastructure. The tender opened today 20 October and is accepting bids here.
Bahrain National Gas Expansion Company (BNGEC) signs $98.7 million deal
BNGEC has signed a $98.7 million deal with JGC Gulf International, a subsidiary of Japan Gas Corporation (JGC), Japan, to to construct an additional storage and pipeline facility. To read more click here.
Critical Infrastructure Upgrades
Canadian company, SNC Lavelin, have been awarded a major project by Bahrain’s Electricity & Water Authority to supervise the design and construction of the relocation of underground transmission and distribution cabling networks and the setting up of numerous 11 kV substations in Bahrain. To read more click here.
Residential Tender Launch for Bahrain
Bahrain has launched a tender to build more than 1,000 residential units with the first 25,000 to be built by the end of 2018. To read more click here.
