Al Namal wins contract to build 132 residential units in Bahrain
Bahrain’s Housing Ministry has signed up Al Namal Contracting and Trading Company to build 132 housing units and necessary infrastructure on government-owned land in the Al Lawzi area of the kingdom. This comes as part of the kingdom’s government-owned lands’ development program, being implemented in cooperation with the private sector.
The scheme was launched by the Housing Ministry as one of the initiatives aimed at involving real estate developers and contracting companies to implement social housing projects for the citizens who meet the eligibility criteria. Signed today (March 1) by Housing Minister Bassim bin Yacoob Al Hamar and Al Namal Contracting and Trading Company’s Chairman Dr. Varghese Kurian, the contract is the first of the pilot phase of the government-owned lands’ development program.
