Shortlist for Reef access bridge
by This email address is being protected from spam bots, you need Javascript enabled to view it on Saturday, 01 September 2007
South Korea's Sungwon Corporation, Italy's Federici Stirling SPA, Bahrain's Hafeera Contracting, Ahmed Mansoor Al A'ali and Muhibbah Emirates Contracting have been short-listed for the contract to build the Reef Island access bridge in Bahrain.
Speaking to Construction Week, Richard Lee, vice president, Sungwon Corporation, said: "We have bid for the contract to build the bridge to the island and we are just waiting to hear back from the client any time now."
Hafeera Contracting submitted the lowest bid at US $14.2 million (BD5.3 million), while Muhibbah Emirates Contracting placed the highest at $47.2 million.
Sungwon submitted a bid for $23.2 million, while Ahmed Mansoor Al A'ali bid $18.5 million and Federici Stirling bid $15 million.
Reef Island, which was previously known as Lulu Island (the name was changed in May), is a man-made island being reclaimed off the coast of Manama.
The $1.25 billion development will cover an area of 564,000m2 and will include 39 residential buildings, 49 chalets, 65 villas, a 250-room five-star hotel, marina and yacht club, an aquarium, a medical centre, a shopping mall and a multi-function exhibition centre.
It will also include a treatment plant and a power substation.
The first phase of construction started in July this year, with Al Hamad Contracting Company appointed as main contractor, while the second phase is due to begin in mid-2008.
Reef Island is being built as a joint venture between the Bahrain government and the Mouawad Group Real Estate Development Company.
Design and masterplanningfirm, Pentago Spowers International, has designed the development, completion for which is due in 2010.
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