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Danat Al Lawzi Residential Development
| 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 |
Project Overview
Background
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.
Scope of Work
- 492 residential units
- 280 apartments
- 212 villas
- Public park
- Parking facilities
- Road network
- Sewage network
- Electricity and water
Finance
Eskan Bank is responsible for the finance of the development.
Additional Notes
Danat Al Lawzi will be supplying the land for the development.
Related Companies
Owner
|
Eskan Bank 1st Floor, Al Moayyed Tower 2504, Block 428, Manama Bahrain Tel: +973 17 567 777 Email: [email protected] Web: www.eskanbank.com |
Feed/Design
Pre Qualified
|
Gulf House Engineering +973 17822 666 Email: [email protected] |
Short Listed
|
Gulf House Engineering |
Awarded
|
Gulf House Engineering |
EPC
Pre Qualified
Updates
| 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. |