Hyder wins US $14.4mn Muharraq Island contract

Hyder Consulting has won a US $14.4 million (BHD5.28 million) contract to design and supervise infrastructure works for 6km² of Bahrain's Diyar Al Muharraq development.

Diyar Al Muharraq's CEO Aaref Hejres said the design stage will take Hyder about one year before contractors are called to start building the infrastructure for the $3.2 billion city to be built on reclaimed land off the northern shores of Muharraq Island.

Hejres said the land reclamation process was ahead of schedule with 70% of the initial 6km² having been reclaimed and expected to be completed in late 2009.

The company should also finalise the sale of plots to developers within the next month, Hejres said.

"Twenty per cent of this project will be developed by us, the master developer, the rest will be completed by several other carefully selected developers," he said.

"I imagine they will start working on the project in the first quarter of next year.

"Our idea is to have them comply with some kind of building code that promotes creativity in terms of design, so I think you will see lots of iconic buildings and one of them will be ours."

When completed Diyar Al Muharraq will span 12km² and consist of 30,000 properties housing around 100,000 people. It will also feature Bahrain's largest mall, parklands, a marina, energy sub-stations, hotels, schools and a business district.

Print | Email | Discuss this article

| Share |

READERS' COMMENTS

Click here to post a comment

Add your Comment All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic. Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *	(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Enter the words above *
Please click post only once - your comment will not be published immediately.

MORE FROM ARABIANBUSINESS.COM