Hill wins Ithmar contract
01 December 2014
HILL International, the global leader in managing construction risk, has received a contract from Ithmar Development Company to provide project management services linked to the Bahrain Affordable Housing Public-Private Partnership (PPP) project.
The three-year contract has an estimated value to Hill of approximately $4.3 million.
The $450-million PPP project brings together public and private entities to deliver social and affordable housing solutions to Bahrain’s growing population. The project entails 2,800 social and affordable housing units in Al Madina Al Shamaliya (North Town) and Al Luwzi. It is the largest housing project ever to be developed in Bahrain in partnership with the private sector and is expected to set a new benchmark for housing projects across the Middle East region. “This type of PPP initiative is a first for the Kingdom of Bahrain and for the GCC region,” said Mohammed Al Rais, senior vice-president and managing director (Middle East) for Hill’s Project Management Group.
“We are very excited to be part of this groundbreaking effort,” added Al Rais.
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