$818mln infrastructure, building projects under way in Bahrain – ZAWYA

  • Date: 28-Apr-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:Bahrain
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$818mln infrastructure, building projects under way in Bahrain – ZAWYA

The projects being implemented include 15 related to road sector worth BD129 million, 49 sanitation projects worth BD118 million and 32 construction projects valued at BD64 million, stated the report.. A total of 32 tenders, worth BD92 million, had been launched during the first three months, while 24 tenders, costing BD16 million, were awarded in the roads, sanitation and construction sectors,, it added.. In another development, the cabinet also approved an amendment in the law allowing citizens of the Gulf countries to own and build real estates and lands in Bahrain.. The amendment stipulates that GCC owners may dispose of their property through one of the legally prescribed ways, namely a will or inheritance, after the approval of the Justice, Islamic Affairs and Endowments Minister, and in the regions specified by the High Urban Planning Committee, reported BNA..