Masterplan approved for Bahrain’s ‘green city’ Bilaj Al Jazayer – ArabianBusiness.com

Masterplan approved for Bahrain’s ‘green city’ Bilaj Al Jazayer – ArabianBusiness.com

The real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), the country’s sovereign wealth fund, has announced that the masterplan for the 1.3 million sq m mixed-use mega project Bilaj Al Jazayer development has been approved.

Bahrain Real Estate Investment Company (Edamah) said the plan has secured backing from Bahrain’s Higher Urban Planning Committee chaired by Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.

Edamah’s chairman, Khalid Al Rumaihi, said the masterplan is designed to achieve a balance between economic and social development and environmental sustainability in line with the kingdom’s commitment to bring carbon emissions to net zero by 2060.