Owner | Eskan Bank |
Estimated Value | US$ 67,000,000 |
Sector |
Infrastructure |
Sub Sector |
Residential Development |
Country |
Bahrain |
City |
Manama |
Capacity | 12,000 sqm, Approximately 212 villas and 280 apartment units | Feasibility Start Date | Q4-2014 |
Status | Construction | Project End Date | Q2-2019 |
Owner | Eskan Bank |
Estimated Value | US$ 67,000,000 |
Sector |
Infrastructure |
Sub Sector |
Residential Development |
City |
Manama |
Country |
Bahrain |
Capacity | 12,000 sqm, Approximately 212 villas and 280 apartment units |
Feasibility Start Date | Q4-2014 |
Status | Construction |
Project End Date | Q2-2019 |
Danat Al Lawzi residential project will be located in the Northern Governorate of Bahrain. The project is headed by Eskan Properties Company which is a subsidiary of Eskan Bank. The project is part of 2,500 social units committed by the Ministry of Housing under the Public-private partnership (PPP) model.
Eskan Bank is responsible for the finance of the development.
Danat Al Lawzi will be supplying the land for the development.
Eskan Bank 1st Floor, Al Moayyed Tower 2504, Block 428, Manama Bahrain Tel: +973 17 567 777 Email: [email protected] Web: www.eskanbank.com |
Gulf House Engineering +973 17822 666 Email: [email protected] |
Gulf House Engineering |
Gulf House Engineering |
Apr 2017 | Construction works are expected to begin next month. |
Mar 2017 | Procurement and site preparation works are currently ongoing. |
Feb 2017 | Al Hedaya Contracting Company W.L.L. has been awarded the main construction contract. |
Nov 2016 | Contract awards have been pushed back to February 2017. |
Jun 2016 | Several companies have submitted their bids for the main construction contract. An award is expected in Q4-2016. |
May 2016 | Tenders have been floated inviting comapnies to submit their bids for the main construction contract. The bid submission deadline is 25 May. |
Mar 2016 | Design works have been completed. Tenders for the construction contract is expected to be issued in Q2-2016. |
Jan 2016 | The design works are ongoing and is expected to be completed by February. The project owners will accept bids for the EPC contract in March. |
Jan 2015 | Gulf House Engineering Company have won the design contract. |
Nov 2014 | The project is officially revealed to the public. |
Sep 2014 | Enabling works have commenced. |