Property

A new BD60 million residential wonder

June 13 - 19, 2007
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Gulf Weekly A new BD60 million  residential wonder

ALL SET: Reef Island has signed on Al Hamad Contracting Company to be the main contractor for the first phase of its development.

The BD60 million, 18-month contract to build eight elite residential buildings, 49 beach villas and 14 luxury villas at Bahrain's landmark project was signed at the Reef Island offices in Almoayyed Tower, Manama. “This is a prestigious project where reliability and commitment counts the most, in addition to safety,” said Reef Island project manager Waleed Hayek. The entire development will be built on a 6.23m square foot island on the shores of Manama. He said the island would have two phases, with completion dates for the first in early 2009 and the second at the end of 2010.  Above, work at the Reef Island in progress.







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