Durrat Al Bahrain, the Kingdom’s largest planned luxury residential, commercial and resort development, today announced further significant progress with the award of a new construction contract for the second phase of villa construction at the development.
Local contractor CHAPO has been awarded a BD15.7 million contract to construct 171 villas on two of the development’s islands. Villas are currently being constructed across four of Durrat Al Bahrain’s planned 11 islands. All of the development’s luxury villas are being constructed by Bahraini contractors at a total value of BD120 million, with the first contract having been awarded to Projects Construction Company in February 2006 to build 83 villas on the project’s first island for BD7 million.
This latest award follows on from the construction work that is already well underway on 890 villas in both Phases 1 and 2 of the US$4 billion project, as well as the finalization of infrastructure works on seven of the project’s 11 islands.
Work has already begun on this latest contract and homeowners can expect to start taking delivery of their new island lifestyle homes from Phase 1 of the project towards the end of this year.
When completed, Durrat Al Bahrain will comprise 12 islands of luxury villas and an island hotel, as well as the crescent, which will represent the commercial heart of Durrat Al Bahrain. Announced only a few weeks ago, the development will also boast an Ernie Els designed 18 hole championship golf precinct, comprising a challenging golf course, a club house, a driving range, a hotel complex and 1400 beautifully designed luxury residential villas and apartments. With its innovative design, including water ways and green space, and with many of the villas fronting onto the course itself, an entire lifestyle community will be created. In addition, Durrat Al Bahrain will also design and build in partnership with Tameer, one of the region’s leading marinas, with 400 berths.
Commenting on the award, Mr. Jassim Al Jawder, CEO of Durrat Al Bahrain, said, “We have achieved a great deal and we are looking forward to delivering these unique villas to homeowners so they can start to live the unique island lifestyle of Durrat Al Bahrain.
“It is also very important to Durrat Al Bahrain that it is able to award these construction contracts to local suppliers. By securing these contracts, Bahraini companies are able to offer employment opportunities to the local population, as well as being able to invest in their businesses. This process enables the economic benefit of increased employment and business investment to feed through into the broader local economy.”
