Work starts on Seef complex
Manama:Work has started on a BD6 million ($15.9 million) luxury tourist apartment complex at Seef, which will be the largest of its kind in Bahrain, according to its builders Dadabhai Construction.
The six-storey complex, comprising 178 apartments, is being built over an area of 8,575 sq m.
Managing director Shabeer Mohammed Dadabhai said the project would be completed in 20 months and was in line with the government's efforts to promote Bahrain as a family-oriented tourist market. The total built-up area of the complex will be 27,184 sq m.
Dadabhai said the complex would offer top-class dining and recreational facilities, a health club, aqua slides and swimming pool. The complex will also have a massive garden area and covered parking for 180 cars.
There will be 80 two-bedroom apartments, 82 one-bedroom apartments, eight three-bedroom apartments and eight studio rooms.
Dredging bids in for HFZ
Sharjah: Six companies have submitted bids so far for an estimated Dh85 million ($23.2 million) contract involving the dredging of the inner harbour at the Hamriyah free zone (HFZ) in Sharjah, UAE.
The 15-month project calls for the dredging of the inner harbour to a depth of 7 m from the current 5 m to allow small and medium-sized vessels and dhows to enter the free zone. The total dredged volume will be about 5 million cu m. A contract award is expected in April. The consultant is the UK's Halcrow Group. The client is the HFZ Authority, the report said.
The authority plans to lease plots of up to 25,000 sq m in size on the adjoining land to companies setting up manufacturing bases, said Hadi Kassem, head of marketing at Hamriyah Free Zone Authority (HFZA).
Kuwait firm to build Syrian highway
Kuwait: Mohamed Abdulmohsin Kharafi and Sons has been awarded a contract to build a 100-km highway in Syria from the Mediterranean port city of Latakia to Ariha. The Kuwaiti firm submitted a bid of $206.5 million, the second-lowest quote after the local Mount Kassioun Company, whose price was $171.7 million, according to news reports.
"The contract with the Syrian Transport Ministry has been signed," a Kharafi representative said. "It will now take another two months of preparations and planning before the actual works can begin."
The new highway, which will be a four-lane dual carriageway, also requires the construction of several viaducts as it crosses mountainous terrain. Financing will be provided by the Kuwait Fund for Arab Economic Development (KAFESD) and the Kuwait-based Arab Fund for Economic & Social Development.
The consultant is Lebanon's Khatib & Alami.
