Bahrain Cabinet reviews 96 development projects worth $823m

In its weekly cabinet session, chaired by HRH Prime Minister Prince Khalifa bin Salam Al Khalifa, Bahrain cabinet reviewed 96 development projects worth $823m (BHD311m) that are currently being implemented in the kingdom.

According to Bahrain News Agency (BNA), these development projects also include 15 road projects valued at a cost of $341.6m (BHD129m); 49 sanitation projects worth $312.5m (BHD118m); and 32 construction projects that are valued at $169.5m (BHD64m).

During the session, the kingdom’s minister of works, municipalities affairs and urban planning, briefed about the tenders that were launched or awarded in three sectors in Q1 2020.

In the first quarter of 2020, a total of 32 tenders worth $243.6m (BD92m) were launched, while 24 tenders valued at $42.4m (BD16m) were awarded in the roads, sanitation, and construction sectors.

The cabinet also made amendments to Gulf Cooperation Council (GCC) nationals’ real estate ownership law during the session by allowing GCC citizens to own built real estates and lands in Bahrain.

According to the amendment, GCC owners could dispose of their property through one of the legally prescribed ways, including a will or inheritance, after the approval of the Minister of Justice, Islamic Affairs and Endowments, and in the regions specified by the High Urban Planning Committee.

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