Bahrain Real Estate Investment Company (Edamah) said it has signed a MoU with Supreme Council for Environment (SCE) to help boost cooperation and maximise the economic and environmental benefits of their projects in the kingdom.
As per the deal, the SCE will provide Edamah with technical and educational environmental support through workshops, lectures, and symposiums, as well as results of the latest environmental studies, stated its CEO Dr Mohamed Mubarak Bin Daina after signing the deal with Edamah CEO Amin Alarrayed.
"SCE is eager to strengthen cooperation with the real estate sector in the kingdom," said
Dr Bin Daina, hailing Edamah's role in realising Bahrain's 2030 vision through its diversified development portfolio, particularly projects, programmes and commercial activities that seek to develop public facilities in the kingdom.
Edamah will provide proposals and studies on the development of, and investment in some SCE properties and facilities. The two parties will create a joint mechanism for the management, development, and investment of these properties, he added.
Lauding the SCE's role in protecting the environment in Bahrain, Alarrayed said: "Edamah appreciates all its efforts to constructively connect the various sectors in the kingdom."
"We are ready to provide the necessary support to realise the joint objectives that serve Bahrain and its people, he added.-TradeArabia News Service